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High-Low Method for a Service Campeny Boston Railroad decided to use the high-low method and operating data from the past six months to estimate
High-Low Method for a Service Campeny Boston Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variatie components of transportation costs. The activity base used by ston Railroad is a measure of raised operating activity, termed "gns-ton miles, which is the total number of tons multipled by the miles moved. January February March Apri May June Transportation Costs Gross-Ton Miles $1,561,500 367,000 1,741,000 410,000 1,230,400 260,000 1,560,200 307,000 1,399,900 320,000 1,794,800 432,000 Determine the variable cat per gross-ton mile and the total fixed cont Variable cost (If required, round to two decimal places.) Total fixed cost per gross-tan me
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