Required information Problem 05-2A Cost behavior estimation LO P1 (The following information applies to the questions displayed below.) Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month Units Sold Total Cost Month Units Sold Total Cost 1 321,000 $158,500 7 359,000 $270,736 2 166,000 102,250 8 271,000 152, 750 3 266,000 206,600 9 75,800 64,000 206,000 101,000 10 151,000 131,625 291,000 202,500 11 95,000 95,000 191,000 113,000 12 101,000 80,650 4 6 nos Problem 05-2A Part 1 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Required information 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of Variable Cost per unit High-Low method - Calculation of Fixed Costs 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 Total variable costs at the low point Totalfixed costs