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Really Fast Delivery Services has the collected the following information about operating expenditures for its delivery truck fleet for the past five years: Year Miles
Really Fast Delivery Services has the collected the following information about operating expenditures for its delivery truck fleet for the past five years:
Year | Miles | Operating Costs |
2009 | 110,000 | $390,000 |
2010 | 140,000 | $420,000 |
2011 | 100,000 | $360,000 |
2012 | 130,000 | $410,000 |
2013 | 170,000 | $450,000 |
Using the high-low method, what is the cost estimate for fixed costs for 2014?, you don't need the number for 2014, you use the high-low method to estimate the fixed costs for 2014? Thank you
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