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Felix & Co. reports the following information about its unit sales and cost of sales. Period Period 1 2 3 Units Sold e 510 910

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Felix & Co. reports the following information about its unit sales and cost of sales. Period Period 1 2 3 Units Sold e 510 910 1,310 1, 710 Cost of Sales $2,610 3,528 4,248 4,968 5,688 Units Sald 2, 110 2,510 2,910 3,310 3,710 8 9 10 Cost of sales $6,488 7,128 7,848 8,568 9,288 5 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 low point Prev 1 of 10 Next > 5 1,710 5,688 10 3,719 9,288 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 low point Total fixed costs

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