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High - Low Method for a Service Company measure of railroad operating activity, termed gross - ton miles, which is the total number of tons
HighLow Method for a Service Company
measure of railroad operating activity, termed "grosston miles," which is the total number of tons multiplied by the miles moved.
Determine the variable cost per grosston mile and the total fixed cost.
Variable cost If required, round to two decimal places. $
per grosston mile
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