Chapter 21 Exercise Saved 1 Felix & Co. reports the following information about its unit sales and cost of sales. Units Sold Period 6 7 Period 1 2 3 4 5 430 830 Cost of Sales $2,530 3,304 4,024 4,744 5,464 Units Sold 2,030 2,430 2,830 3,230 3,630 Cost of Sales $6,184 6,904 7,624 8,344 9,064 eBook 1,230 9 10 1,630 Hint Hint: (Draw an estimated line of cost behavior using a scatter diagram offline.) Complete the below table to calculate the fixed cost and variable cost of sales by using the high-low method. High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs 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 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 fixed costs