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Brief Exercise 18-4 Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level. January February Miles Driven 8,015 7,485

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Brief Exercise 18-4 Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level. January February Miles Driven 8,015 7,485 Total Cost $14,100 March 13,488 April Miles Driven 8,505 8,205 Total Cost $15,018 14,495 Compute the variable cost per mile using the high-low method. (Round variable cost per mile to 2 decimal place Variable cost per mile Compute the fixed cost elements using the high-low method. Fixed costs Click if you would like to show Work for this question: Open Show Work

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