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Crane Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 12,400 $41,220 February 10,400

Crane Corporation accumulates the following data concerning a mixed cost, using miles as the activity level.

Miles Driven Total Cost

January 12,400 $41,220

February 10,400 $38,500

March 11,400 $36,500

April 9,400. $36,000

Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, e.g. 52.75.)

Variable Cost $ _________ per mile

Fixed Cost $ ___________-

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