Required information Use the following information for the Exercises below. (Algo) [T he following information applies to the questions displayed below] Felix & Company reports the following information. Period Unite Produced Total costs 1 0 3 4,320 2 720 4,120 3 1,120 4,520 4 1,520 5,120 5 1,920 4,220 6 2,320 4,420 7 2,720 8,920 a 3,120 16,320 9 3,520 5,120 10 3,920 14,228 Exercise 21-5 (Algo) Measuring costs using high-low method LO P1 (1) Use the high-low method to estimate the xed and variable components of total costs. (2) Estimate total costs if 4,050 units are produced. 0 Answer is not complete. Cost at highest volume Cost at lowest volume 0 Highest volume Lowest volume Total cost at the highest volume Variable costs at highest volume Highest volume Variable cost per unit Total variable oosts at highest volume Total xed costs Total cost at the lowest volume Variable costs at lowest volume Lowest volume Variable cost per unit Total variable costs at lowest volume Total xed costs Estimated total cost