2 points eBook Mint Print References 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. Period Units Produced 0 640 1,040 1,440 1,840 2,240 2,640 3,040 3,440 3,840 2 3 5 10 Total cost at the highest volume Variable costs at highest volume Highest volume Variable cost per unit Total variable costs at highest volume Total fixed costs Total Costs $ 4,740 4,040 4,440 5,040 4,140 4,340 Total cost at the lowest volume Variable costs at lowest volume Lowest volume Variable cost per unit Total variable costs at lowest volume 8,840 16,240 Exercise 21-5 (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 3,120 units are produced. 5,040 12,996 High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total fixed costs (2) Estimated cost if 3,120 units are produced: Estimated total cost 0

Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Felix 8 Company reports the following information. Exercise 21-5 (A/go) Measuring costs using high-low method LO P1 11) Use the high low method to estimate the fixed and variable components of total costs. (2) Estimate total costs if 3120 units are produced