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 7 8 Month 1 2 3 4 5 6 Units Sold 321,500 166,500 266,500 206,500 291,500 191,500 Total Cost $ 159,000 102,750 207,100 101,500 203,000 113,500 9 10 11 12 Units Sold 358,500 271,500 75,700 151,500 95,500 101,500 Total Cost $ 267,116 153, 250 63,500 132,125 95,500 80,150 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 0 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 fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: 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 2. Predict future total costs when sales volume is (a) 387,000 units and (b) 427,000 units. Predictions Sales (units) 387,000 427,000 Total