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Back Show Me How High Low Method for a Service Company Boston Railroad decided to use the high-low method and operating data from the past
Back Show Me How High Low Method for a Service Company Boston Railroad decided to use the high-low method and operating data from the past six months to estimate the foxed and variable components of transportation costs. The activity base used by Boston Railroad is a measure of tailroad operating activky, termed oroes-ton miles," which the total number of tons multiplied by the miles moved Transportation Costs Gross Ton Miles January $1,307,300 387,000 February 1,457,500 432,000 March 1,030,100 280,000 Ant 1,397,400 419,000 May 1,172,000 337.000 1,503,600 455,000 Determine the variable cost per gross ton mile and the cost June Variable cost (Round to two decimal places) per gross ton mile Total fixed cost
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