High-Low Method  During the past year, Gutter Corp., operated within the relevant range of its fixed costs. Monthly production volume during the year ranged from 48,000 to 80,000 units of product and corresponding total manufacturing costs ranged from $5.55 to $4.75 per unit. Determine the total cost behavior pattern experienced by Gutter Corp. Total cost = $______ + ($______ x variable cost per unit)

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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High-Low Method 

During the past year, Gutter Corp., operated within the relevant range of its fixed costs. Monthly production volume during the year ranged from 48,000 to 80,000 units of product and corresponding total manufacturing costs ranged from $5.55 to $4.75 per unit. Determine the total cost behavior pattern experienced by Gutter Corp.

Total cost = $______ + ($______ x variable cost per unit)

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