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Required information Skip to question [The following information applies to the questions displayed below.] Alden...

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Accounting

Required information Skip to question [The following information applies to the questions displayed below.] Alden Companys 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 1 319,000 $ 156,500 2 164,000 100,250 3 264,000 204,600 4 204,000 99,000 5 289,000 200,500 6 189,000 111,000 7 361,000 285,296 8 269,000 150,750 9 76,200 66,000 10 149,000 129,625 11 93,000 93,000 12 99,000 82,650 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high low method (chart)

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