3 Check my work 3 Problem 21-1A (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. 2.25 points eBook References Month 1 2 3 4 5 6 7 8 9 10 11 12 Units Sold 319,500 164,500 264,500 204,500 289,500 189,500 360,500 269,500 76,100 149,500 93,500 99,500 Total Cost $ 157,000 100,750 205, 100 99,500 201,000 111,500 281,644 151,250 65,500 130, 125 93,500 82,150 Problem 21-1A (Algo) Part 1 Problem 21-1A (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.) High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the highest volume Variable costs at highest volume: Highest volume Variable cost per unit Total variable costs at highest volume Total fixed costs Total cost at the lowest volume Variable costs at lowest volume: Lowest volume Variable cost per unit Total variable costs at lowest volume Total fixed costs