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Current Attempt in Progress Ivanhoe Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Total Miles Total
Current Attempt in Progress Ivanhoe Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Total Miles Total Driven Cost Driven Cost January 6.880 $12.160 March 7.310 $12,900 February 6,450 11,610 April 7,040 12,462 (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 Save for Later Attempts: 0 of 3 used Submit Answer (a2) The parts of this question must be completed in order. This part will be available when you complete the part above.
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