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Current Attempt in Progress Ivanhoe Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January

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Current Attempt in Progress Ivanhoe Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 13,000 $ 31,950 February 11,000 28,500 March 12,000 29.100 April 10.000 27,000 Compute the variable and fixed cost components using the high-low method. (Round variabl cost to 2 decimal pla 15.25.) Variable cost $ per mile Fixed cost $

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