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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

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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 3,000 units are produced. (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. 1 Required information \begin{tabular}{l} 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 \\ \hline Total variable costs at the low point \\ \hline Total fixed costs \\ \hline (2) Estimated cost if 3,000 units are produced: \\ \hline Estimated total cost \\ \hline \end{tabular}

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