Sierra Railroad Inc. decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Sierra Railroad is "gross-ton miles," which is the total number of tons multiplied by the miles moved. January February March April May June Transportation Costs Gross-Ton Miles $2,900,000 2,875,000 3,065,000 3,225,000 3,387,500 3,250,000 3,000,000 2,500,000 6,300,000 9,500,000 12,750,000 10,000,000 Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (If required, round to two decimal places.) $ Total fixed cost $ per gross-ton mile

Sierra Raliroad Inc. decided to use the high-low method and operating data from the past six months to estimate the fixed and variabie components of transportation costs. The octivity bose used by Sierra Rairoad is "gross-ton miles, " which is the total number of tons multiplied by the miles moved Determine the Varisble cost per grossiton mile and the total tixed cost. Variable cost (If required, round to two decimal places.) per grossiton mile Totai fixed cast