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In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 78000 $132000 February 52000 110000 March 68000 128000 April 84000
In applying the high-low method, what is the fixed cost?
| Month | Miles | Total Cost |
| January | 78000 | $132000 |
| February | 52000 | 110000 |
| March | 68000 | 128000 |
| April | 84000 | 160000 |
|
| $28750 |
|
| $22000 |
|
| $18000 |
|
| $32000 |
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
11th Edition
1264229739, 9781264229734
