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 1234567000 0 $ 4,580 480 3,880 880 4,280 1,280 4,880 1,680 3,980 2,080 4,180 2,480 8,680 8 2,880 16,080 9 3,280 4,880 10 3,680 11,020 Exercise 21-5 (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 1,620 units are produced. High-Low method-Calculation of variahla rast nar unit