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 Units Produced Period 1 2 3 4 Total Costs $ 2,575 3,295 4,015 4.735 5,455 6,175 6,895 7,615 8,335 9,055 400 800 1,200 1,500 2,000 2,400 2,800 3,209 3,600 6 7 9 10 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. Answer is not complete. Hot Method Galeanol van die tot per urit Variable cost per un Cont at high point minus cost at low point $ 6480 1.80 Volume at high point us volume at low point 3.600 Hob Low method Calculason of lixed coats Total cost at the high point s 9,035 Variable costs at the high point Volume at the high point 3.000 units Variable cost per unit $ 180 Total variable costs at the high point Total fuced costs 2.575 Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per un Total variable costs at the low point Total fod costs Estimated contif 3,000 units are produced Estimated total cost