High - Low Method for surface company

Miss River Railroad decided to use the high law method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by miss river railroad is a measure for railroad operating activity, termed gross ton miles, which is the total number of tons multiplied by the miles moved.

Determine the variable cost per gross-ton mile and the fixed costs. Round variable cost per unit to the nearest cent. Variable cost per gross-ton mile Fixed cost