Required information Problem 18-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to pre and fixed costs. Month Units Sold Total Cost Month Units Sold Total Cost 1 322,000 $ 159,500 7 358,000 $ 263,504 2 167,000 103,250 8 272,000 153,750 3 267,000 207,600 9 75,600 63,000 4 207,000 102,000 10 152,000 132,625 S 292,000 203,500 11 96,000 96,000 6 192,000 114,000 12 102,000 79,650 Problem 18-1A (Algo) 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.) Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per unit Total vanable 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 Total fixed costs High-Low method - Calculation of variable cost per unit High-Low method Calculation of fixed costs 0 Required information Problem 18-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs.. Month Units Sold Total Cost Month Units Sold Total Cost 1 322,000 $ 159,500 7 358,000 $263,504 2 167,000 103,250 8 272,000 153,750 3 267,000 207,600 9 75,600 63,000 4 207,000 102,000 10 152,000 132,625 5 292,000 203,500 11 96,000 96,000 6 192,000 114,000 12 102,000 79,650 Problem 18-1A (Algo) Part 2 2. Predict future total costs when sales volume is (a) 386,000 units and (b) 426,000 units. Predictions (a) (b) Units 386,000 426,000 Total $ 0 $