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 total number of tons multiplied by the miles moved. Transportation Costs Gross-Ton Miles January $1,423,400 325,000 February 1,587,000 363,000 March 1,121,600 235,000 April 1,521,600 351,000 May 1,276,200 283,000 June 1,636,100 382,000 Determine the variable cost per gross-ton mile and the fixed cost. Round variable cost per unit to the nearest cent. Variable cost per gross-ton mile Fixed cost