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Required information [The following information applies to the questions displayed below.] Felix \& Company reports...

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Accounting

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Required information [The following information applies to the questions displayed below.] Felix \& Company reports the following information. (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. (1) Required information \begin{tabular}{l} High-Low method - Calculation of variable cost per unit \\ Total cost at the high point \\ Variable costs at the high point \\ Volume at the high point \\ Voriable cost per unit \\ Total fixed costs \\ \hline 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 \\ \hline (2) Estimated cost if 3,000 units are produced: \\ Estimated total cost \\ \hline \end{tabular}

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