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need it done before midnight [The following information applies to the questions displayed below.) Felix & Company reports the following information. Period 1 2 3

need it done before midnight
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[The following information applies to the questions displayed below.) Felix & Company reports the following information. Period 1 2 3 4 5 6 7 8 9 10 Units Produced 0 540 940 1,340 1,740 2,140 2,540 2,940 3,340 3,740 Total Costs $ 4,640 3,940 4,340 4,940 4,040 4,240 8,740 16,140 4,940 11,746 (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 2,120 units are produced. $ $ 0.60 High-Low method - Calculation of variable cost per unit Cost at highest volume - Cost at lowest volume 7.106 Variable cost per unit Highest volume - Lowest volume 11.746 High-Low method - Calculation of fixed costs Total cost at the highest volume $ 11.746 Variable costs at highest volume Highest volume 3,740 units Variable cost per unit 0.60 Total variable costs at highest volume 7.106 Total fixed costs S 4,640 $ 4,640 0 units 0.60 Total cost at the lowest volume Variable costs at lowest volume Lowest volume Variable cost per unit Total variable costs at lowest volume Total fixed costs (2) Estimated cost of 2,120 units are produced: Estimated total cost 0 $ 4,640 4,640 har

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