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Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level Miles Driven January February March April 10,000 8,000 9,000

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Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level Miles Driven January February March April 10,000 8,000 9,000 7,500 Total Cost 15,000 13,500 4,400 2,500 Instructions Compute the variable and fixed cost elements using the high-low method

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