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Required Information [The following information applies to the questions displayed below.) Felix & Company reports the following information. Units Produced Period 1 2 3 4

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Required Information [The following information applies to the questions displayed below.) Felix & Company reports the following information. Units Produced Period 1 2 3 4 5 6 7 8 9 le 4ee 800 1,200 1,688 2,000 2,400 2,800 3,200 3,689 Total Costs $ 2,500 3,100 3,780 4,300 4,980 5,500 6,1ee 6,780 7,380 7,960 (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 0 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 S 2,580 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 0 Total foxed costs (2) Estimated cost if 2,730 units are produced Estimated total cost

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