High-Low Method for a Service Company a measure of Continental Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Continental Railroad railroad operating activity, termed "gross-ton miles," which is the total number of tons multiplied by the miles moved. Transportation Costs Gross-Ton Miles January $940,600 376,000 February 1,048,800 420,000 March 741,200 272,000 April 1,005,500 407,000 May 843,300 327,000 June 1,081,200 442,000 Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (Round to two decimal places.) per gross-ton mile I. Total fixed cost