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Question 5 Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level Miles Miles Total Total Driven Cost Driven
Question 5 Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level Miles Miles Total Total Driven Cost Driven Cost January 7,990 7,500 $14,155 13,500 March 8,490 8,205 $14,985 14,495 February April Compute the variable cost per mile using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per mile S Compute the fixed cost elements using the high-low method Fixed costs
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