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Cullumber Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10,300 $19,590 February
Cullumber Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10,300 $19,590 February 8,300 $17,500 March 9,300 $15,500 April 7,300 $15,000 Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, eg. 52.75) Variable Cost $ per mile Fixed Cost $
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