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Current Attempt in Progress Wildhorse Company accumulates the following data concerning a mixed cost, using kilometres as the activity level: Kilometres KilometresDriven Total Cost Driven

 

image text in transcribed Current Attempt in Progress Wildhorse Company accumulates the following data concerning a mixed cost, using kilometres as the activity level: Kilometres KilometresDriven Total Cost Driven Total CostJanuary 8,600 $14550 March 4,600 11,630February 7.530 14,200 April 8,900 17,822 Calculate the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places, e.g. 12.25) Variable cost 5 per kilometre Calculate the fixed cost element using the high-low method. Fixed cost 3 Save for Later Attempts: 0 of 1 used

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