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Required information Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. [The real is Brazil's national monetary unit. On
Required information Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. [The real is Brazil's national monetary unit. On the day this exercise was written, the real was equivalent in value to 0.2545 U.S. dollar] Required: 1. Use the high How method to estimate the variable cost per tour mile traveled and the fixed cost per month. 2. Develop a formula to express the cost behavior exhbited by the company's maintenance cost. 3. Predict the level of maintenance cost that would be incurred during a month when 41,000 tour miles are difiven Complete this question by entering your answers in the tabs below. Use the high-low mathod to estimate the variable cost per tour mile traveled and the fixed cost per month. Note: Round "variable cost per tour mile" to 3 decimal places. Required information Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. [The real is Brazils national monetary unit. On the day this exercise was written, the real was equivalent in value to 02545 U.S. dollar. Required: 1. Use the high-low method to estimate the variable cost per tout mile traveled and the fixed cost per month. 2. Develop a formula to express the cost behavior exhibited by the company's maintenance cost. 3. Predict the level of maintenance cost that would be incurred duing a month when 41,000 tour miles are difiven. Complete this question by entering your onswers in the tabs below. Develop a formula to express the cost betivior exhibited by the company's maintenance cost. Noter Round "variable cost per tour mile" to 3 decimal places. Required information Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. [The real is Brazil's national monetary unit. On the day this exercise was written, the rea/ was equivalent in value to 0.2545 U.S. dollar] Required: 1. Use the high-low method to estimate the variable cost per tour mile traveled and the fixed cost per month. 2. Develop a formula to express the cost behaviot exhibited by the company's maintenance cost. 3. Predict the level of maintenance cost that would be incurred during a month when 41,000 tour miles are driven Complete this question by entering your answers in the tabs below. Predict the level of maintanance cost that would be incurred during a month when 41,000 tout miles are driven
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