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Blossom Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January
Blossom Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January 8,160 $14,400 March 8,670 $15,300 February 7,650 13,770 April 8,320 14,782 (a1) Compute the variable cost per mile using the high-low method. (Round answer to 2 decimal places, eg. 2.25.) Variable cost per mile $ $ Your answer is incorrect. Determine the fixed cost components using the high-low method. Total fixed costs $ $ 1
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