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Presented Below Are the Production Data for the First Six

Question 54

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Presented below are the production data for the first six months of the year for the mixed costs incurred by Crew Industries.
 Month  Cost  Units  January $4,0763,050 February 4,0123,000 March 5,5604,270 April 7,8406,500 May 5,1003,700 June 6,7805,600\begin{array} { l r r } \text { Month } & \text { Cost } & \text { Units } \\\text { January } & \$ 4,076 & 3,050 \\\text { February } & 4,012 & 3,000 \\\text { March } & 5,560 & 4,270 \\\text { April } & 7,840 & 6,500 \\\text { May } & 5,100 & 3,700 \\\text { June } & 6,780 & 5,600\end{array}
Crew Industries uses the high-low method to analyze mixed costs.
(1)How would the cost function be stated? (Round results to the nearest cent. )
(2)What is the estimated total cost at an operating level of 5,000 units?

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(1)v = ($7,840 - $4,012)/ (6,5...

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