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Brief Exercise 22-04 a1-a2 (Part Level Submission) Ivanhoe Company accumulates the following data concerning a mixed cost, using miles as the activity level Miles Total
Brief Exercise 22-04 a1-a2 (Part Level Submission) Ivanhoe Company accumulates the following data concerning a mixed cost, using miles as the activity level Miles Total Miles Total Driven Driven Cost Cost January $14,120 $14,948 7,990 March 8,500 February 7,500 13,498 April 8,195 14,485 (a1) Your answer is incorrect. Try again Compute the variable cost per mile using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per mile 2623 Open Show Work Click if you would like to Show Work for this
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