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Carla Vista Company accumulates the following data concerning a mixed cost, using miles as the activity level. Total Cost Miles Driven 8,020 7,490 January February
Carla Vista Company accumulates the following data concerning a mixed cost, using miles as the activity level. Total Cost Miles Driven 8,020 7,490 January February Total Cost $14,105 March 13,490 April Miles Driven 8,495 8,205 $15,098 14,485 (al) 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 $ LINK TO TEXT (2) 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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