For the initial answers to the questions, 200 words (total) are a good guideline. For full credit you must comment on at least two of your peer's posts. Make sure that your replies are substantive and add to the conversation. 1. In applying the high-low method of cost estimation to mixed costs, how is the total fixed cost estimated? 2. If fixed costs increase, what would be the impact on the (a) contribution margin? (b) income from operations? 3. An examination of the accounting records of Clowney Company disclosed a high contribution margin ratio and production at a level below maximum capacity. Based on this information, suggest a likely means of improving income from operations. Explain. The answer to the discussion questions are due by Thursday and your replies are due by Sunday