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F Co has recorded the following vehicle maintenance costs over the last three periods Miles travelled Maintenance cost $ 1,800 2,900 2,400 3,170 2,600 3,300
F Co has recorded the following vehicle maintenance costs over the last three periods Miles travelled Maintenance cost $ 1,800 2,900 2,400 3,170 2,600 3,300 Using the high/low method, the variable maintenance cost per mile and fixed maintenance cost are Variable cost per mile Fixed cost $ $ A 0.65 1,610 B 0.45 2,090 C 0.50 1,970 D 0.50 2,000
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