2 3 ts eBook Hint Ask Print ferences Required information [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced 0 34567890 10 400 800 1,200 1,600 2,000 2,400 2,800 3,200 3,600 Total cost at the highest volume Variable costs at highest volume Highest volume Variable cost per unit Total variable costs at highest volume Total fixed costs Total Costs $ 2,500 3,100 (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 3,000 units are produced. Total cost at the lowest volume Variable costs at lowest volume Lowest volume Variable cost per unit Total variable costs at lowest volume 3,700 4,300 4,900 5,500 6,100 6,700 7,300 7,900 High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total fixed costs (2) Estimated cost if 3,000 units are produced: Estimated total cost 3

Required information [The following information applies to the questions displayed below.] Felix \& Company reports the following information. (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 3,000 units are produced