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1. Dollywood Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. January February Instructions Miles Driven 10,000 8,000 Total
1. Dollywood Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. January February Instructions Miles Driven 10,000 8,000 Total Cost $15,000 March Miles Driven 9,000 Total Cost $12,500 $14,500 April 7,500 $12,000 Compute the variable and fixed cost elements using the high-low method
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