(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. Month Units Sola Total cost Month Unita Sold Total cost 320,000 $160,000 7 340,000 $220,000 2 160,000 100,000 280,000 160,000 280,000 220,000 9 80,000 64,000 200,000 100,000 10 160,000 140,000 5 300,000 230,000 11 100,000 100,000 200,000 120,000 12 110,000 B0,000 2. 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 High-Low method . Calculation of fixed costs Total cost 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 Totalfixed costs Total cost at the low point Variable costs at the low point Volume at the low point Variatie cost per unit Total variable costs at the low point Total fue 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 follow. Management wants to use these data to predict future fixed and variable costs. Month Units Sold Total cost Month Unit Sold Total Coat 1 320,000 $160,000 7 340,000 $220,000 2 160,000 100,000 8 280.000 160,000 3 280,000 220,000 9 80,000 64,000 200,000 100,000 10 160,000 140,000 5 300,000 230,000 11 100,000 100,000 200,000 120,000 12 110,000 80,000 3. Predict future total costs when sales volume is (a) 200,000 units and (b) 300,000 units Predictions 200,000 Sales (units) 300.000 Total