Crane Co. accumulates the following data concerning a mixed cost, using miles as the activity level. January February March April Miles Driven Variable cost Fixed cost 12,600 10,600 11,600 9,600 $ Total Cost $ $29,890 Compute the variable and fixed cost components using the high-low method. (Round variable cost to 2 decimal places, e.g. 15.25.) 26,260 27,140 25,000 per mile

Crane Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Compute the variable and fored cost components using the high-low method. (Aound vuriable cost to 2 decimal ploces, es. 15.25.) Variablecost per mile Fixed cost