{1) Use the highlow method to estimate the fixed and variable components of total costs. (2} Estimate total costs if 3,000 units are produced. Cost at high_point minus cost at low point Volume at high point minus volume at low point 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 xed costs 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 Total xed costs Estimated total cost _ 0 Felix 8: Company reports the following information. Period Units Produced Total Costs 1 9 5 2,515 2 469 3,235 3 868 3,955 4 1, 299 4,975 5 1, 999 5,395 9 2,999 9,115 7 2,499 9,935 9 2, 999 2,555 9 3, 299 8,2?5 19 3, 999 8,995