Question: Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level. Compute the variable- and fixed-cost elements using the high-lowmethod.
Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level.
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Compute the variable- and fixed-cost elements using the high-lowmethod.
Miles Driven 8,000 7,500 Total Cost $14,150 13,500 Miles Driven 8,500 $15,000 8,200 Total Cost January February March April 14,490
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