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Frazier Manufacturing Company Collected the Following Production Data for the Past

question 45

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Frazier Manufacturing Company collected the following production data for the past month:  Units Produced  Total Cost 1,600$66,0001,30057,0001,50067,5001,10049,500\begin{array}{rr}\text { Units Produced }&\text { Total Cost }\\1,600 & \$ 66,000 \\1,300 & 57,000 \\1,500 & 67,500 \\1,100 & 49,500\end{array} If the high-low method is used, what is the monthly total cost equation?

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