Shatner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced: 1,665 Total Costs: $186,480 Units Produced: 3,160 Total Costs: $214,450 Units Produced: 5,365 Total Costs: $290,080 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) b. Based on part (a), estimate the total cost for 2,530 units of production.

Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 2,210     $196,560   910     126,360   1,370     167,920   a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) $fill in the blank 1 per unit Total fixed cost $fill in the blank 2   b. Based on part (a), estimate the total cost for 1,120 units of production. Total cost for 1,120 units: $fill in the blank 3

Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 60,000     $19,200,000   69,000     20,010,000   90,000     24,090,000   a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) $fill in the blank 1 per unit Total fixed cost $fill in the blank 2   b.  Based on part (a), estimate the total cost for 86,000 units of production. Total cost for 86,000 units $fill in the blank 3

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Question: Warner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 2,070 1,200 $210,500 158,400 3,200 Required: 246,400 a) Determine the variable cost per unit and the total fixed cost. (Round to nearest dollar) b) Based on part (a), estimate the total cost for 1,580 units of production.

Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs?

Abdulwahab Corporation is estimating the cost function for total cost of production of product A using the high-low method.  The data collected for the past year is as following:                                                    Number of units             Total                              Quarter            produced                 Costs                                   1                     4,000                $   1,000                                   2                     5,400                     1,280                                   3                     7,000                     1,600                                   4                     9,000                     2,000               Calculate the following amounts:                                 The variable cost per unit The fixed cost Explain the method used by the company to estimate the cost function. Suggest other methods than may be used to estimate cost function.