! Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period 1 Units Produced Total Costs 0 $ 2,505 2 400 3,145 3 800 3,785 10 4565856 1,200 4,425 1,600 5,065 2,000 5,705 7 2,400 6,345 2,800 6,985 9 3,200 7,625 ces 3,600 8,265 Exercise 18-5 (Algo) Measuring costs using high-low method LO P1 (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 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 High-Low method - Calculation of fixed costs (2) Estimated cost if 3,000 units are produced: Estimated total cost + Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Felix & Company reports the following information. Period Units Produced Total Costs 1 $ 2,505 2 400 3,145 3 800 3,785 4 1,200 4,425 5 1,600 5,065 6 2,000 5,705 7 2,400 6,345 8 2,800 6,985 9 3,200 7,625 10 3,600 8,265 Exercise 18-6A (Algo) Appendix: Measuring costs using regression LO P1 Use spreadsheet software to use ordinary least-squares regression to estimate the cost equation, amounts. Y=