eBook Not syncing High-Low Method for Service Company Miss River 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 Miss River Railroad is a measure of railroad operating activity, termed "gross-ton miles," which is the totall number of tons multiplied by the miles moved. Transportation Costs Gross-Ton Miles January $95 100 283,000 February 1,066,000 316,000 March 753,400 205,000 April 1,022,100 306,000 May June 857,200 246,000 1,099,000 333,000 Determine the variable cost per gross-ton mile and the fixed costs. Round variable cost per unit to the nearest cent. Variable cost per gross-ton mile Fixed cost