Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs Month 1 2 Units Sold 320,000 160,800 280,000 200,000 300,000 200,000 340,000 280,000 80,000 160,000 100,000 110,000 Total Cost $ 160, eee 100.000 220,000 100.000 230,000 120,000 220,000 160,00 64,000 140,000 100,000 80,000 9 le 11 22 1. Estimate both the variable costs per unit and the total monthly foxed 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 of the highest volume Variable costs at highest volume Highest volume Variable cost per Total variable costs at highest volume Total fred costs Total cost the lowest volume Variable costs at lowest volume Lowest volume Vartoteront Total variable costs as volume 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 1 2 3 Units Sold 320,000 160.000 280,000 $ 6 300,000 2.000,00 340,00 Total cost $ 160,000 100,000 220,000 100.000 230,000 120,000 220,000 150,000 54, cee 140,000 100.ee Be, 800 8 9 20 11 22 80,00 260.00 100,000 110.000 2. Predict future total costs when sales volume is (a) 220,000 units and (b) 240.000 units 220,000 units 240.000 units Total cost Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs A Month 1 2 3 4 5 . 7 8 9 1e 11 22 Units Sold 320,000 168,000 280,000 200,000 300,000 200.000 340,000 280,000 80,000 150,000 100,000 110,000 Total Cost $ 160,000 100,000 220,000 100,000 230,000 120,000 220,000 160,000 64,000 140,00 100,000 80,000 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 of the highest volume Variable costs at highest volume Highest volume Variable cost per unit Total variable costs at highest volume Total costs Total post at the lowest volume Variable costs at lowest volume Lowest volume Variable cost peront Total variable costs at lowest volume Total xed cost Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variabl and fixed costs Month Units Sold Total Cost 320,000 $ 160,000 2 160,000 108,000 3 280,000 220, eee 4 200,000 108,880 300,000 230,000 6 200,000 120,000 2 340,000 220, eee 8 280,000 160, eee 9 80,000 64,000 10 160,000 140,000 12 100,000 100,000 12 110,000 80,000 2. Predict future total costs when sales volume is (a) 220.000 units and (b) 240.000 units. 220,000 units 240,000 units Total cost