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. Units Units Period Period Produced Produced Total Costs Total Costs $2,630 3,230 3,830 4,430 5,030 2,130 2,530 2,930 3,330 3,730 $5,630 6,230 6,830 7,430 8,598 1 0 6 2 530 7 3 930 8 1,330 1,730 4 5 10 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. High-Low method - Calculation of variable cost per unit 0 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