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! Required information The following information applies to the questions displayed below.) Felix & Company reports the following information Period 1 2 3 4 5

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! Required information 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 3,300 3,400 3,500 3,700 2,800 3,900 4,600 4,100 4,000 4,300 Total Costs $ 14,440 14,740 15, 040 15,640 12,900 16,240 18,300 16,848 16,540 17,440 (1) Use the high-low method to estimate the fixed and variable components of total (2) Estimate total costs if 3,800 units are produced costs. High-Low method - Calculation of variable cost per unit 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 Total fixed costs (2) Estimated cost if 3,800 units are produced: Estimated total cost

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