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 $ 152,500 1 315,000 2 160,000 96,250 3 260,000 200,600 4 200,000 95,000 5 285,000 196,500 6 185,000 107,000 7 365,000 314,800 8 265,000 146,750 9 77,000 70,000 10 145,000- 125,625 11 89,000 89,000 12 95,000 86,650 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. Note: Do not round intermediate calculations. 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. Note: Do not round intermediate calculations. High-Low method - Calculation of variable cost per unit Cost at highest volume - Cost at lowest volume Highest volume-Lowest volume High-Low method Calculation of fixed costs Total cost at the highest volume Variable costs at highest volume Highest volume Variable cost per unit Total variable costs at highest volume Total fixed costs Total cost at the lowest volume Variable costs at lowest volume Lowest volume Variable cost per unit Total vanable costs at lowest volume Total fixed costs 0