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Felix & Co. reports the following information about its units produced and total costs. Period 1 2 3 4 5 Units Produced 0 530 930

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Felix & Co. reports the following information about its units produced and total costs. Period 1 2 3 4 5 Units Produced 0 530 930 1,330 1,730 Total Costs $2,630 3,230 3,830 4,430 5,030 Period 6 7 8 9 10 Units Produced 2,130 2,530 2,930 3,330 3,730 Total Costs $5,630 6,230 6,830 7,430 8,598 Estimate total costs if 3,130 units are produced. Complete the below table to calculate the fixed cost using the high-low method. High-Low method - Calculation of variable cost per unit Total cost 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 52 Total fixed costs Estimated total cost WWW

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