The manager of TechTack Inc. wants to determine a cost formula for their receiving costs. Cost analysis has determined that these costs are mixed and must be broken into their fixed and variable components. Receiving Orders Processed has been selected as the activity driver for the receiving costs. The following data for the last eight (8) month period have been collected: Receiving Month Orders Receiving Costs Processed February 53,900 $194,100 March 17,250 $128,300 April 10,780 $129,400 May 59,300 $194,100 June 28,030 $150,900 July 56,060 $183,300 August 10,800 $118,600 September 48,510 $237,200 Using the high-low method, prepare a cost formula for the power costs. What is the variable cost per activity? Be sure to round to the nearest penny (2 decimal places). A Part 2: What is the fixed costs per month? Be sure to round to the nearest dollar (whole number). In addition, be sure to use the rounded answer from Part 1 for the variable costs in order to calculate the fixed costs! NOTE: you can use the high or the low point in order to calculate the fixed costs. A Part 3: Using your answers to Part 1 and 2, develop a cost formula. Using that cost formula, calculate the total predicted costs if the level of activity was 46,850. Round your answer to the nearest dollar (whole number). Part 4: Develop an annual cost formula for receiving costs. What is the variable cost per activity in your cost formula? Be sure to round to the nearest penny (2 decimal places)? A/ What is the fixed costs in the annual cost formula for receiving costs? Round your answer to the nearest dollar (whole number) answer