Homework-Part 1 f2 Saved Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period: Units Produced Total Costs 0 400 $ 2,510 3,190 800 3,870 1,200 4,550 1,600 5,230 2,000 5,910 2,400 6,590 ok 2,800 7,270 9 3,200 7,950 3,600 8,630 I k nt inces Exercise 18-5 (Algo) Measuring costs using high-low method LO P1 (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 3,000 units are produced. High-Low method-Calculation of variable cost per unit Total cost at the high point Variable costs at the high point High-Low method Calculation of fixed costs < Prev 4 5 of 7 Next > PXL 20220128.jpg PXL 20220128_jpg PXL 20220128_jpg