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High-low method for a service company Sierre Railroad inc- decided to use the high-low method and operating data from the past six monthis to estimate
High-low method for a service company Sierre Railroad inc- decided to use the high-low method and operating data from the past six monthis to estimate the fixed ond variabie components of transportation costs. The ectivity bose used by Sierro Ralirod is "gross-ton maes," which is the totot number of tons multiplied ty the miles moved. Determine the varable coit per gross-ton mile and the totat fised cost Variabie cost (It required, round to two decimal places.) I per grossiton mile Total ftred conts
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