Required information [The following information applies to the questions displayed below. Felix \& Company reports the following information. (1) Use the high-low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 2,440 units are produced. \begin{tabular}{|l|l|l|} \hline & High-Low method - Calculation of varia \\ \hline & & \\ \hline Total cost at the highest volume & & \\ \hline Variable costs at highest volume & & \\ \hline Highest volume & & \\ \hline Variable cost per unit & \\ \hline Total variable costs at highest volume & & \\ \hline Total fixed costs & & \\ \hline Total cost at the lowest volume - Calculation of & \\ \hline Variable costs at lowest volume & \\ \hline \hline Lowest volume & \\ \hline Variable cost per unit & \\ \hline Total variable costs at lowest volume & \\ \hline Total fixed costs & \\ \hline (2) Estimated cost if 2,440 unlts are produced: \\ \hline Estimated total cost & \\ \hline \end{tabular}