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28 Aug
2019

Ziegler Inc. has decided to use the high-low | Good Grade Guarantee!

Ziegler 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 80,000……………………….$25,100,000 92,000…………………………27,206,000 120,000……………………….32,120,000 A. Determine the variable cost per unit and the total fixed cost. B. Based on part (A), estimate the total cost for 115,000 units of production.

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