High-Low Cost Estimation Assume the local YRC Worldwide delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating
High-Low Cost Estimation Assume the local YRC Worldwide delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs Year 1 695,000 $219,500 Year 2 855,000 267,500 Use the high-low method to develop a cost-estimating equation for total annual operating costs. Total annual costs = $ + $ X
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