Question G4 (a) The following costs have been extracted from the records of Organic-Soap Enterprise: Month Activity level Pieces 14,050 Total cost RM 14,100 13,880 January 540,200 February 521,500 March 498,250 April 510,500 May 465,350 June 478,100 13,400 12,990 12,550 Required: Calculate the fixed costs per month and variable cost per piece using the High-Low method. (4 marks) (b) A manufacturing company is searching for a method that helps to identify variable cost per unit and fixed cost. In the last meeting, one of the accountants suggested that High-low method should be considered. The owner learns that you have completed a cost accounting course recently and seeks your opinion. Required: Identify and discuss the possible challenges that management may face when such method is implemented. (4 marks) (Total 8 marks)