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In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 70000 $92000 February 42000 70000 March 60000 88000 April 82000
In applying the high-low method, what is the fixed cost?
Month | Miles | Total Cost |
January | 70000 | $92000 |
February | 42000 | 70000 |
March | 60000 | 88000 |
April | 82000 | 120000 |
$17500 |
$22000 |
$18000 |
$32000 |
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