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Boston 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

Boston 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 Boston Railroad is a measure of 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 $1,239,400 283,000
February 1,381,900 316,000
March 976,600 205,000
April 1,324,900 306,000
May 1,111,200 246,000
June 1,424,600 333,000

Determine the variable cost per gross-ton mile and the total fixed cost.

Variable cost (If required, round to two decimal places.)
Total fixed cost

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