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Ivanhoe Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Compute the variable and fixed cost components using the

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Ivanhoe Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, e.g. 52.75.) Variable Cost $ permile Fixed Cost

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