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High-Low Method for a Service Company Boston Railroad decided to use the high-low method and operating data from the past six months to e Transportation

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High-Low Method for a Service Company Boston Railroad decided to use the high-low method and operating data from the past six months to e Transportation Costs Gross-Ton Miles January $1,451,600 351,000 February 1,618,400 392,000 March 1,143,800 254,000 April 1,551,700 380,000 May 1,301,400 306,000 June 1,668,500 413,000 Determine the variable cost per gross-ton mile and the fixed cost. Variable cost (Round to two decimal places.) 3.3 per gross-ton mile Total fixed cost 293,300 X

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