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ES ! Required Information Use the following information for the Exercises below. (Algo) ...

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Accounting

ES
!
Required Information
Use the following information for the Exercises below. (Algo)
[The following information applies to the questlons displayed below.]
Fellx & Company reports the following information.
\table[[Period,Units,Produced,Total,1 costs],[1,,e,$2,2,200],[2,,540,,2,794],[3,,948,,3,234],[4,,1,340,,3,674],[5,,1,74,,4,114],[6,,2,14,,4,554],[7,,2,540,,4,994],[8,,2,940,,5,434],[9,,3,340,,5,874],[18,,3,740,,6,314]]
Exercise 21-5(Algo) Measuring costs using high-low method LO P1
(1) Use the high-low method to estimate the fixed and varlable components of total costs.
(2) Estimate total costs if 3,000 units are produced.
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