Required: 1. Using the highlow method, estimate the variable and fixed cost elements of the annual cost of truck operation. (Do not round your intermediate calculations. Round the "Variable cost per kilometer" to 3 decimal places.) High level of activity Low level of activity Change Variable cost per kilometer Fixed cost per year 2. Express the variable and xed costs in the form Y = a + bX. (Do not round your intermediate calculations. Round the "Variable cost per kilometer\" to 3 decimal places.) -:-:I 3. If a truck were driven 102,800 kilometres during a year, what total cost would you expect to be incurred? (Do not round intermediate calculations. Round the "Variable cost per kilometer" to 3 decimal places.) _:|