Felix & Co. reports the following information about its
units produced and total costs.
Period | Units Produced | Total Costs | Period | Units Produced | Total Costs | ||||||||||||||||||
1 | 0 | $ | 2,700 | 6 | 2,200 | $ | 5,700 | ||||||||||||||||
2 | 600 | 3,300 | 7 | 2,600 | 6,300 | ||||||||||||||||||
3 | 1,000 | 3,900 | 8 | 3,000 | 6,900 | ||||||||||||||||||
4 | 1,400 | 4,500 | 9 | 3,400 | 7,500 | ||||||||||||||||||
5 | 1,800 | 5,100 | 10 | 3,800 | 9,160 | ||||||||||||||||||
Estimate total costs if 3,200 units are produced. Complete the
below table to calculate the fixed cost and variable cost of sales
by using the high-low method.
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