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Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ] Felix

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.
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.
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