Saved Help Save & Exit Ch 18: Homework - Part 1 i Check 6 Required information Problem 18-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Part 1 of 2 Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. 1 Month Units Sold Total Cost Month Units Sold Total Cost points 319, 500 $ 157, 000 360, 500 $ 281, 644 164, 500 100 , 750 269 , 500 151, 250 264, 500 205 , 100 76, 100 65 , 500 OUT D WN + 204, 500 99 , 500 10 149 , 500 130, 125 289 , 500 201, 000 11 93, 500 93, 500 12 eBook 189 , 500 111 , 500 99, 500 82, 150 Ask Problem 18-1A (Algo) Part 1 Print 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) References 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 fixed costs Mc Graw Hill