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Check my work Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and
Check my work Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and total costs. Period Period Units Produced 0 530 930 1,330 1,730 Total Costs $2,630 3,230 3,830 4,430 5,030 Oo oovo Units Produced 2,130 2,530 2,930 3,330 3,730 Total Costs $5,630 6,230 6,830 7,430 8,598 Estimate total costs if 3,130 units are produced. Complete the below table to calculate the fixed cost and variable cost of sales by using the high-low method. Click My WUI 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 unit 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: Variable cost per unit Total variable costs at the low point Total fixed costs Estimated total cost
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