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Dollywood Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10,000 $15,000 February 8,000
Dollywood Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10,000 $15,000 February 8,000 $14,500 March 9,000 $12,500 April 7,500 $12,000 Compute the variable and fixed cost elements using the high-low method. Variable Cost $ per mile Fixed Cost $
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