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Brief Exercise 22-04 al-a2 Cullumber Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Total Miles Total Driven
Brief Exercise 22-04 al-a2 Cullumber Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Total Miles Total Driven Cost Driven Cost January 8,015 $14,195 March 8,500 $14,802 February 7,510 13,515 April 8,205 14,495 X 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.) X Variable cost per mile 1.04 Your answer is incorrect. Try again. Compute the fixed cost elements using the high-low method. Fixed costs 5655 Click if you would like to Show Work for this question: Open Show Work
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