2 Required Information Problem 18-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units Sold Total Cost Month Units Sold Total Cost 323,000 $ 160,500 7 357,000 $256,304 168,000 104,250 273,000 154,750 3 268,000 208,600 9 75,400 62,000 208,000 103,000 10 153,000 133,625 293,000 204,500 11 97,000 97,000 193,000 115,000 12 103,000 78,650 428 Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method (Do not round intermediate Iculations.) Answer is not complete. High-Low method Calculation of variable cost per unit Change in cost Change in volume Cost at high point minus cost at low point 172.654 O Variable cost per unt s Volume at high point minus volume at low point 200,000 dal cod at the high point High Low method Calculation of hand costs 250,301 006 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 69 High-Low method - Calculation of fixe 357,000 0.68 256,304.00 units sold 75,400 units sold 0.68 62000.000 Required information 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 75,400 units sold 0.68 62,000.00 51,272.00 10,728.00