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Boton Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation
Boton Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Heston Railroad is a measure of railroad operating activity, termed ross-ton miles which the total number of tons multiplied by the miles moved, Transportation Costs Gross Ton Miles January $1,719.700 371.000 February 1,917,400 115,000 March 1,355,100 269,000 Apri 1.838,300 402.000 May 1.541,800 523,000 June 1,976,700 437,000 Determine the water gross ton mile and the fixed cout Variable cost (Round to two decimal 4.50 X bergroton mile Totalced cost
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