Continental Rallroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Continental Railroad is a measure of railroad operating activity, termed "gross-ton milles," which is the total number of tons multiplied by the miles moved Transportation Costs Gross-Ton Miles January $933,800 298,000 February 1,041,100 333,000 March 735,800 216,000 April 998,200 323,000 837,200 260,000 June 1,073,300 351,000 Determine the variable cost per gross ton mile and the total fixed cost Variable cost (Round to two decimal places.) 2.63 x per gross ton mle Total fixed cost May 150 170