Required information [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 1 320,000 $ 160,000 2 160,000 100,000 3 280,000 220,000 200,000 100,000 5 300,000 230,000 6 200,000 120,000 Month 7 8 9 10 11 12 Unita Sold 340,000 280,000 80,000 160,000 100,000 110,000 Total Cont $ 220,000 160,000 64,000 140,000 100,000 80,000 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round Intermediate calculations.) 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not found intermediate calculations.) Highow method High-Low method - Calculation of the coats + 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 foxed 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 food costs 2. Predict future total costs when sales volume is (a) 220,000 units and (b) 240,000 units. Units $ Predictions (b) 220,000 240.000 0 132.000 16,000 148.000 $ 0 Variable costs lixed costs Total $