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17. (TCO 9) Using the high-low method, what is the fixed cost for the following information? Month Miles Total Cost January 80,000 $96,000 February 50,000

17. (TCO 9) Using the high-low method, what is the fixed cost for the following information? Month Miles Total Cost January 80,000 $96,000 February 50,000 $80,000 March 70,000 $94,000 April 90,000 $130,000 (Points: 5) $17,500 $36,000 $14,000 $50,000

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