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It's really urgent Hich-Low Method for Service Company Miss River Rallioad decided to use the high-low method and operoting data from the past six months
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Hich-Low Method for Service Company Miss River Rallioad decided to use the high-low method and operoting data from the past six months to estimpte the fixed and varlable components of transportation costs. The sctivity base used by Miss River Mailrosd is a measure of ralload operating activity, termed "gross-ton miles," which is the total number of tons multiplied by the miles moved. Determine the vanible cost per gross-ton mile and the fixed cost. Round variable cost per unit to the nearest cent. Variable cost x per gross-ton mile Fixed cost x Fenowa tositur. unit cost thy the number of miles for a month. Fubtract this variabie cost from the month suansportation cost Step by Step Solution
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