! Required information Problem 18-2A Cost behavior estimation LO P1 [The following information applies to the questions displayed below.) Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month Units Sold Total Cost Month Units Sold Total Cost 1 317,000 $154,500 7 363,000 2 $299,984 162,000 98,250 8 267,000 3 148,750 262,000 202,600 9 76,600 4 68,000 202,000 97,000 10 5 147,000 127,625 287,000 198,500 11 91,000 6 187,000 91,000 109,000 12 97,000 84,650 Problem 18-2A Part 1 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round Intermediate calculations.) High-Low method - Calculation of Variable Cost per unit High-Low method - Calculation of Fixed Costs Total cost at the high point Variable costs at the high point: Volume at the high point Variable cost per unit Total variable costs at the high point Total fxed costs Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per unit Total variable costs at the low point Total fixed costs Required Information Problem 18-2A Cost behavior estimation LO P1 [The following information applies to the questions displayed below.) Alden Co's monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month Units Sold Total Cost Month 1 Units Sold Total Cost 317,000 $154,500 7 363,000 $299,984 162,000 98,250 B 267,000 148,750 262,800 202,600 9 76,600 68,000 202,800 97,000 147,000 127,625 287,000 198,500 11 91,000 91,000 187,000 109,000 12 97,000 84,650 OWN Problem 18-2A Part 2 2. Predict future total costs when sales volume is (a) 374,000 units and (b) 414,000 units. Sales (units) Predictions 374,000 414,000 Total