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Crane Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Miles Total Cost Driven Cost
Crane Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Miles Total Cost Driven Cost January 6,560 $11,600 March February 6,150 6,970 $12,300 11,070 April 6,720 11,882 (a1) 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 eTextbook and Media $
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
