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Required Information

Use the following information for the Exercises below. $($Algo$)$

The following information applles to the questions displayed below.j$.$

Fellix & Company reports the following Information.

Exercise $18-5($Algo$)$ Measuring costs using high$-$low method LO P$1$

$(1)$ Use the high$-$low method to estimate the fixed and varlable components of total costs.

$(2)$ Estimate total costs if $3,000$ units are produced.