High-low method for a service company Sierra Railroad Inc. 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 Sierra Railroad is gross-ton miles, which is the total number of tons multiplied by the miles moved. Month Transportation Costs Gross-Ton Miles January $1,311,400 349,000 February 1,462,100 390,000 March 1,033,300 253,000 April 1,401,800 378,000 May 1,175,700 304,000 June 1,507,300 411,000 Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (If required, round to two decimal places.) fill in the blank 1 of 2$ 3 per gross-ton mile Total fixed cost fill in the blank 2 of 2$ 552,400 Feedback Area