Exercise 05-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co reports the following information about its units produced and total costs Units Produced Period 1 2 510 910 1,310 1,710 Total Costs $2,610 3,210 3,810 4,410 5,010 Period 6 7 B 9 10 Units Produced 2,110 2,510 2,910 3,310 3,710 Total Costs 55,618 6,218 6,810 7,420 18,30 4 5 Estimate total costs of 3 110 units are produced Complete the below table to calculate the fixed cost and variable cast of sales by using the high-low method High-Low method - Calculation of variable cost per unit Cost at high point minus cost at low point 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 Esumated total cost