Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

plz help 9 High-low method for a service company Sierro Railrosd Inc. decided to use the higholow method and operating data from the past sir

plz help 9
image text in transcribed
High-low method for a service company Sierro Railrosd Inc. decided to use the higholow method and operating data from the past sir months to estimate the fixed and veriable components of transortation cests. The activity base used by Sierra Roilload is "gross-ton miles;" which is the total number of tons multiplied by the miles moved. Determine the variable cost per gross-toc mile and the total fixed cost. Variable cost (If required, round to two decimal places,) 1 per gross-ton millo Total fixed cost 1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Eco Management And Audit Scheme

Authors: Gerardus Blokdyk

3rd Edition

0655169709, 978-0655169703

More Books

Students also viewed these Accounting questions

Question

1. What are your creative strengths?

Answered: 1 week ago

Question

What metaphors might describe how we work together?

Answered: 1 week ago