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 Total Costs Period 1 0 $ 2,600 21 400 3,280 3 800 3,960 4 1,200 4,640 1,600 5,320 2,000 6,000 2,400 6,680 2,800 7,360 3,200 8,040 10 3,600 8,720 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. High-Low method Calculation of variable cost per unit High-Low method-Calculation of fixed costs Total cost at the high point