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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Hampton 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:
a. Determine the variable cost per unit and the total fixed cost.
| Variable cost (Round to two decimal places.) | $ per unit |
| Total fixed cost | $ |
b. Based on part (a), estimate the total cost for 12,000 units of production.
| Total cost for 12,000 units | $ |
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