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Required information [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced Total Cos 0 $
Required information [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced Total Cos 0 $ 4, 600 500 3, 900 900 4, 300 1, 300 4, 900 1, 70 4, 000 2, 100 4,200 2,500 8, 700 2, 900 16, 100 3,300 4,900 3, 700 11, 260 (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 1,850 units are produced. High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the highest volume Variable costs at highest volume Highest volume Variable cost per unit Total variable costs at highest volume Total fixed costs 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 if 1,850 units are produced Estimated total costInformation for two companies follows: Skittles Starburst Company Company Sales 3; 4,075,600 $ 3,870,000 Contribution margin 2,595,600 1,350,000 Fixed costs 1,977,600 810,000 (1) Compute the degree of operating leverage (DOL) for each company. (2) Which company is expected to produce a greater percent increase in income from a 20% increase in sales? Complete thls question by enterlng your answers In the tabs below. Compute the degree of operating leverage (DOL) for each company. Degree of Operating Leverage Required 2 >
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