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A company has the following information about its truck miles and operating costs Year Miles Operating Costs 2015 125,000 80,000 2016 150,000 87,500 2017 175,000
A company has the following information about its truck miles and operating costs
| Year | Miles | Operating Costs |
| 2015 | 125,000 | 80,000 |
| 2016 | 150,000 | 87,500 |
| 2017 | 175,000 | 105,000 |
What is the best estimate of fixed costs for fleet operating expenses in 2017 using the high-low method?
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College Accounting A Practical Approach Chapters 1-15
Authors: Jeffrey Slater
7th Edition
0130954888, 978-0130954886
