1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) 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 Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month 1 2 3 4 5 6 Units Sold 318,500 163,500 263,500 203,500 288,500 188,500 Total Cost $ 156,000 99,750 204,100 98,500 200,000 110,500 Month 7 8 9 10 11 12 Units Sold 361,500 268,500 76,300 148,500 92,500 98,500 Total Cost $ 288,956 150, 250 66,500 129,125 92,500 83,150 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the high point