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S Felix & Co. reports the following information about its units produced and total costs. Units Produced 0 600 1,000 1,400 1,800 Period 12345 Total
S Felix & Co. reports the following information about its units produced and total costs. Units Produced 0 600 1,000 1,400 1,800 Period 12345 Total Costs $2,700 3,300 3,900 4,500 5,100 Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Period 6 7 8 9 Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point O 10 Units Produced 2,200 2,600 3,000 3,400 3,800 Total Costs $5,700 6,300 6,900 Estimate total costs if 3,200 units are produced. Complete the below table to calculate the fixed cost and variable cost of sales by using the high-low method. 7,500 9,160 High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs 0
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