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Delivery Dudes Services has the collected the following information about operating expenditures for its delivery trucks for the past five years: Year Miles Operating Costs

Delivery Dudes Services has the collected the following information about operating expenditures for its delivery trucks for the past five years:

Year

Miles

Operating Costs

2013

45,000

$185,000

2014

60,000

$200,000

2015

40,000

$170,000

2016

55,000

$195,000

2017

75,000

$215,150

Using the high-low method, what would be the estimated operating costs for 2018 at an activity level of 50,000 miles?

$197,400

$187,500

$182,900

$202,200

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