Ingram co. manufactures office furniture. during the most productive month of the year, 3,500 desks were manufactured at a total cost of $84,400. in its slowest month, the company made 1,100 desks at a cost of $46,000. using the high-low method of cost estimation, what is the variable cost per unit at the 3,500 level of operations?

The cost of manufacturing units is

, where cost per unit and fixed cost.

Given that

Subtract the second equation from the second,

The variable cost per unit is .

in mathematics, a function is a relationship between two variables such that the value of one of the variables, called the dependent variable, is determined by the value of the other variable, called the independent variable. there is a specific term we use to describe the set of independent variables of a function.

x -

median = 1.25

range = 12-14.5

interquartile = q12-q14.5

y -

median = 1

range = 15-17

interquartile = q15-q17