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Required information Use the following information for the Exercises below. ( Static ) Skip to question [ The following information applies to the questions displayed

Required information
Use the following information for the Exercises below. (Static)
Skip to question
[The following information applies to the questions displayed below.]
Felix & Company reports the following information.
Period Units Produced Total Costs
10 $ 2,500
24003,100
38003,700
41,2004,300
51,6004,900
62,0005,500
72,4006,100
82,8006,700
93,2007,300
103,6007,900
Exercise 18-5(Static) 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.

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