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5 Felix & Company reports the following information Perfor units Produced TotalCoi 14,720 620 4,028 1,020 4,420 A 1,420 5,020 2x 5 1,820 4,120
5 Felix & Company reports the following information Perfor units Produced TotalCoi 14,720 620 4,028 1,020 4,420 A 1,420 5,020 2x 5 1,820 4,120 6 2,220 4,320 2,630 8,830 3,030 3,430 5,838 3,820 12,743 (1) Use the high-low method to estimate the fixed and variable components of total costs (2) Estimate total costs if 3,030 units are produced High Low method Calculation of variable cost per unit Cast at highest volume-Cost at lowest volume Cost at lowest volume-Cast at highest volume High Low method Calculation of fixed coste Tolat cost at the highest volume ighest volume Variable Highest volume Variable cost per unit Total variable costs at highest volume Total food costs Total cost at the lowest volume Variable costs at lowest volume Lowest volume Variable cost per unit Total variable costs at lowest volume Total feed cost Estimated cost if 3.030 units are produced Estimated total cost
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