18-1A (Static) Measuring costs using high-low method LO P1 Skip to question [The following information applies to the questions displayed below.] Alden Companys 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 1 320,000 $ 160,000 7 340,000 $ 220,000 2 160,000 100,000 8 280,000 160,000 3 280,000 220,000 9 80,000 64,000 4 200,000 100,000 10 160,000 140,000 5 300,000 230,000 11 100,000 100,000 6 200,000 120,000 12 110,000 80,000 Problem 18-1A (Static) 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.)