1. 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-ton miles," which is the total number of tons multiplied by the miles moved.

   	Transportation Costs		Gross-Ton Miles
   January	$1,028,600		316,000
   February	1,146,800		353,000
   March	810,500		229,000
   April	1,099,500		342,000
   May	922,200		275,000
   June	1,182,300		372,000

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

   Variable cost (Round to two decimal places.)	$ per gross-ton mile
   Total fixed cost	$