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 Month Units Sold 320,000 $160,000 7 340,000 Total Cost $220,000 2 160,000 100,000 B 280,000 3 280,000 220,000 80,000 160,000 64,000 4 200,000 100,000 10 160,000 140,000 300,000 200,000 230,000 120,000 11 100,000 100,000 12 110,000 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.) High Low method Calculation of variable cost per unit Total cost at the high point Variable costs at the high point Volume at the high paint Variable cost per uni Total variable costs at the high port Totaled cos Tutal cool at the low pont Varuble costs the low point Volume at the low point Variable Total variaties Tal Need High-Low method-Calculation of Reed costs 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 Month Units Sold Total Cost 1 320,000 $160,000 7 340,000 $220,000 2 160,000 100,000 280,000 160,000 3 280,000 220,000 9 80,000 64,800 4 200,000 100,000 10 160,000 140,000 5 300,000 230,000 11 100,000 100,000 6 200,000 120,000 12 110,000 80,000 2. Predict future total costs when sales volume is (a) 220,000 units and (b) 240,000 units. Units Predictions (a) (b) 220,000 240,000 Total $ 05