(b) Use the high-low method to develop a schedule identifying the amount of each cost that is fixed per month or variable per unit. Total the amounts under each category to develop an equation for total monthly costs. Round variable cost answers to two decimal places. Fixed Costs Cost of food sold Wages and fringe benefits Fees paid delivery help Rent on building Depreciation on equipment Utilities Supplies (soap, floor wax, etc.) Administrative costs Total costs equation $ Variable Costs 2 X 0.04 X 0.22 X 0 X 0 X 0.04 X 0.03 0 2.33 0 $ 4,400 * 0 1,100 900 400 x 100 1,700 8,600 x $ X X (c) Predict total costs for a monthly sales volume of 9,800 units. $ 31,434 X

(b) Use the high-low method to develop a schedule identifying the amount of each cost that is fored per month or varlable per unit, Total the amounts under esch category to develop an equarion for torat monthy costs Raund varable cost arowers to two decimal places. 18: (c) Predict totat costs for a monthly sales volume of 9.800 units. (b) Use the high-low method to develop a schedule identifying the amount of each cost that is fored per month or varlable per unit, Total the amounts under esch category to develop an equarion for torat monthy costs Raund varable cost arowers to two decimal places. 18: (c) Predict totat costs for a monthly sales volume of 9.800 units