High-Low Method for a Service Company 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-tor miles," which is the total number of tons multiplied by the miles moved. Transportation Costs Gross-Ton Miles January $1,588,600 384,000 February 1,771,200 429,000 March 1,251,800 278,000 April 1,698,200 416,000 1,424,300 334,000 June 1,826,000 452,000 Determine the variable cost per gross-ton mile and the fixed cost Variable cost (Round to two decimal places.) per gross-ton mile Total fixed cost May