Required information 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 Month Units Sold 325,000 170,000 270,000 210,000 295.000 195.000 Total Cost $162,500 106.250 210, 600 105,000 206,500 117.000 Unite Sold 355,000 275,000 75.000 155,000 Total Cost $242,000 156,750 60,000 135,625 99,000 76.650 105.000 2. 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 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 fixed costs 3. Predict future total costs when sales volume is (a) 380,000 units and (b) 420,000 units. Predictions 380,000 Sales (units) 420,000 Total costs