! Required information Problem 5-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units Sold Total Cost Month Units Sold Total Cost 1 323,500 $ 161,000 7 356,500 $ 252,716 23456 168,500 104,750 8 273,500 155,250 268,500 208,500 209,100 9 75,300 61,500 103,500 10 153,500 134,125 293,500 205,000 11 97,500 97,500 193,500 115,500 12 103,500 78,150 Problem 5-1A (Algo) 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.)