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Required information Use the followlng lnformetlon for the Exerclses below. (Algo) [The
following information applies to the questions displayed below.] Fellx & Company reports the
following Information. Exerclse 18-5 (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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