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 | Total Costs | |||
| 1,980 | $380,160 | |||
| 3,630 | 466,330 | |||
| 5,280 | 591,360 | |||
a. Determine the variable cost per unit and the total fixed cost.
| Variable cost: (Round to the nearest dollar.) | $ per unit |
| Total fixed cost: | $ |
b. Based on part (a), estimate the total cost for 2,610 units of production.
| Total cost for 2,610 units: |
