Question
In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 80,000 $192,000 February 50,000 160,000 March 70,000 188,000 April 90,000
In applying the high-low method, what is the fixed cost?
Month Miles Total Cost
January 80,000 $192,000
February 50,000 160,000
March 70,000 188,000
April 90,000 260,000
| A. | $35,000 | |
| B. | $72,000 | |
| C. | $28,000 | |
| D. | $100,000 |
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Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
10th Edition
0324380674, 978-0324380675
