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mert saved ! Hook Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Felix
mert saved ! Hook Required information 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 1 $ 2,600 400 3,280 800 3,960 1,200 4,640 1,600 5,320 2,000 6,000 2,400 6,680 2,800 7,360 3,200 8,040 3,600 8,720 WN 8 10 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 w 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 Vanable costs at the low point Volume at the low point Variable cost per unit Total variable costs at the low point Total fixed costs (2) Estimated cost if 3,000 units are produced: Estimated total cost
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