Exercise 18-6 Cost behavior estimation-scatter diagram and high-low CP1 Felix & Co. reports the following information about its units produced and total costs. Estimate total costs if 3,000 units are produced. Use the high-low method to estimate the fixed and variable components of total costs. Period Units Produced Total Costs Period Units Produced Total Costs 1 0 $2,500 6 2,000 2 3,100 7 400 800 2,400 2,800 $5,500 6,100 6,700 3 3,700 8 4 4,300 9 7,300 1,200 1,600 3,200 3,600 5 4,900 10 7,900