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Question 1 Answer saved Marked out of 10.00 Flag question High-Low Cost Estimation Assume the local DHL delivery service hub has the following information available

Question 1 Answer saved Marked out of 10.00 Flag question High-Low Cost Estimation Assume the local DHL delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs 2006 560,000 $177.000 2007 688,000 209,000 Use the high-low method to develop a cost-estimating equation for total annual operating costs. (Let X = annual fleet miles.) Total annual costs = $ 38,500 + $ 25 Save Answers

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