Required information Problem 18-2A 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 317,500 $155,000 362,500 $296,300 162,500 98,750 267,500 149,250 262,500 203, 100 76,500 67,500 202.500 97,500 147,500 128, 125 287,500 199,000 91,500 91,500 187,500 109,500 97,500 84,150 1 2 3 4 5 8 9 10 11 12 Problem 18-2A 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: I Required information 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 Total fixed costs