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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 & Company reports the

image text in transcribedimage text in transcribed 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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