Problem 1: Vic Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January 11,000 $16,000 March 9,000 $12,500 February 8,000 $14,500 April 6,500 $10,000 Instructions Compute the variable and fixed cost elements using the high-low method. Problem 2: ABC has a unit selling price of $600, variable cost per unit $250, and fixed costs of $190,000. Instructions Compute the break-even point in units and in sales dollars. Problem 3: MNC is preparing its master budget for 2022. Relevant data pertaining to its sales budget are as follows: Sales for the year are expected to total 9,000,000 units. Quarterly sales are 35%, 20%, 25%, and 20%, respectively. The sales price is expected to be $3.00 per unit for the first quarter, $3.20 per unit in the second quarter, $3.30 per unit in the third quarter, and $3 per unit in the last quarter. Instructions Prepare a sales budget for 2022 for MNC