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Felix & Company reports the following information. Period Units Produced 1 0 23456 9 10 580 980 1,380 1,780 2,180 2,580 2,980 3,380 3,780 Total
Felix & Company reports the following information. Period Units Produced 1 0 23456 9 10 580 980 1,380 1,780 2,180 2,580 2,980 3,380 3,780 Total Costs $ 4,680 3,980 4,380 4,980 4,080 4,280 8,780 16,180 4,980 12,240 (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 2,730 units are produced. Felix \& Company reports the following information. (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 2,730 units are produced
Felix & Company reports the following information. Period Units Produced 1 0 23456 9 10 580 980 1,380 1,780 2,180 2,580 2,980 3,380 3,780 Total Costs $ 4,680 3,980 4,380 4,980 4,080 4,280 8,780 16,180 4,980 12,240 (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 2,730 units are produced.
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