#1 ch 18

Felix & Co. reports the following information about its units produced and total costs. Units Produced Perlod 1 2 3 4 548 940 1,340 1,740 Total Costs $2,640 3,240 3,840 4,440 5,040 Period 6 7 8 9 10 Units Produced 2,140 2,540 2,940 3,340 3,740 Total Costs $5,640 6,240 6,840 7,440 8,998 Estimate total costs if 3,140 units are produced. Complete the below table to calculate the fixed cost and variable the high-low method. High-Low method - Calculation of variable cost per unit High-Low method Calculation of fixed costs Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per und Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point Volume at the low point Estimate total costs if 3,140 units are produced. Complete the below table to calculate the fixed cost and the high-low method High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the high point Vanable costs at the high point Volurne at the high point Variable cost per unit Total variable costs at the high point Total faced costs Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per unit Total vanable costs at the low point Total fixed costs Estimated total cost