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 1 2 3 4 5 Units Produced 0 450 850 1,250 1,650 Total Costs $2,550 3,150 3,750 4,350 4,950 Period 6 7 8 9 10 Units Produced 2,050 2,450 2,850 Total Costs $5,550 6,150 6,750 7,350 9,850 3,250 3,650 Estimate total costs if 3,050 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