Reference no: EM132717664

Frazier Manufacturing Company collected the following production data for the past month:

Units Produced         Total Cost

1,600                      $66,000

1,300                    57,000

1,500                    67,500

1,100                      49,500

Problem 1: If the high-low method is used, what is the monthly total cost equation?

Total cost = $13,200 + $33/unit

Total cost = $9,900 + $36/unit

Total cost = $0 + $45/unit

Total cost = $16,500 + $30/unit