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. Manth Units Sold Total Cost Month Units Sold Total Cost 1 318,560 $156,600 361,500 $288,956 2 163,500 99,750 8 268,500 150,250 3 263,500 204,100 9 76,300 66,500 4 203,500 98,500 10 148,500 129,125 288,500 200,000 11 92, see 92,500 188,500 110, 500 12 98,500 83,150 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Change in cost Change in volume High-Low method - Calculation of Variable Cost per unit Cost at high.noint minus.costalow.point Volume at high point minus volume at low point High-Low method - Calculation of Fixed Costs Total cost at the high point Variable costs at the high point Volume at the high point 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method calculations.) High-Low method - Calculation of Variable Cost per unit Cost at high point minus cost at low point Change in cost Change in volume Volume at high point minus volume at low point 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 fixed 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 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 use these data to predict future fixed and variable costs. Month 1 O AWN Units Sold 318,500 163,500 263,500 203,500 288,500 188,500 Total Cost $156,000 99,750 204,100 98,500 200,000 110,500 Month 7 8 9 10 11 12 Units Sold 361,500 268,500 76,300 148,500 92,500 98,500 Total Cost $288,956 150,250 66,500 129, 125 92,500 83,150 2. Predict future total costs when sales volume is (a) 377,000 units and (b) 417,000 units. Predictions 377,000 Sales (units) 417,000 Total