Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its unit sales and cost of sales. Period 1 2 3 4 5 Units Sold 0 400 800 1,200 1,600 Cost of Sales $2,500 3,220 3,940 4,660 5,380 Period 6 7 8 9 10 Units Sold 2,000 2,400 2,800 3,200 3,600 Cost of Sales $6, 100 6,820 7,540 8,260 8,980 Hint: (Draw an estimated line of cost behavior using a scatter diagram offline.) 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 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 point Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $155 per unit and whose total variable costs are $124 per unit. The company's annual fixed costs are $480,500. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. Choose Choose Numerator: Denominator: 1 = Contribution Margin Ratio Contribution margin ratio / (c) Compute the company's break-even point in units. Choose Numerator: 1 Choose Denominator: Break-Even Units Break-even units (d) Compute the company's break-even point in dollars of sales. Break-Even Choose Numerator: Choose Denominator: Dollars Break-even dollars =