QUESTION: The manager otTechTack Inc. wants to determine a cost formula for their receiving costs. Cost analysis has determined that these costs are mixed and must be broken into their fixed and variable components. Receiving Orders Processed has been selected as the activity driver for the receiving costs. The following data for the last eight {8) month period have been collected: Reoeivi ng Month 0rd ers delving Costs Processed February 53,900 $194.100 March 17,250 $120300 April 10,?80 $129.400 Ma}.I 59,300 $194.100 .lune 23,030 $150300 .JulgvI 56,060 $183300 August 10,1300 $118,600 .September 43,510 $231200 Using the high-lowI method. prepare a cost formula for the power costs. Manage men! has asked you to round the fixed costs to the nearest dollar and round the variable cost to the nearest pen nv. Part 1: What is the variable cost per activitv? Be sure to round to the nearest penny.r [2 decimal places}. 1.33 *3; Part 2: What is the fixed costs per month? Be sure to round to the nearest dollar {whole number]. In addition, he sure to use the rounded answer from Part 1 for the variable costs In order to calculate the xed costs! NOTE: you can use the high or the low point in order to calculate the fixed costs. 115231 a, Part 3: Using your answers to Part 1 and 2, develop a cost formula. Using that cost formula, calculate the total predicted costs if the level of activitv was 46.850. Round your answer to the nearest dollar [whole number}. 1??542 \"3/ Part 4: Develop an annual cost formula for receiving costs. What is the variable cost per activity.r in your cost formula? Be sure to round to the nearest pennv (2 decimal placesl? 1.33 *E/ What is the fixed costs in the annual cost formula for receiving costs? Round your answer to the nearest dollar [whole number} 115231 42