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ABC Company accumulates the following data concerning a mixed cost, using kilometres as the activity level: Kilometres Driven Total Cost. Kilometres Driven Total Cost January

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ABC Company accumulates the following data concerning a mixed cost, using kilometres as the activity level: Kilometres Driven Total Cost. Kilometres Driven Total Cost January 8,000. $14,850 March 4,750 $12,330 February 7,510 14,200 April 8,330 17,342 Calculate the fixed cost element using the high-low method. Ignore the money sign

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