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Oriole Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 11,600 $32,980 February
Oriole Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 11,600 $32,980 February 9.600 $30,500 March 10,600 $28,500 April 8,600 $28,000 Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, eg. 52.75) Variable Cost per mile Fixed Cost
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