Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level.

		Miles Driven		Total Cost				Miles Driven		Total Cost
January		8,015		$14,195		March		8,500		$15,000
February		7,510		13,515		April		8,205		14,495

Compute the variable cost per mile using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.)

Variable cost per mile

$

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Compute the fixed cost elements using the high-low method.

Fixed costs

$

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