Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. (The rea/is Brazil's national monetary unit. On the day this exercise was written, the real was equivalent in value to 0.2545 US dollar) Month November December January February March April Hiles Traveled by Tour Buses 15,380 17.500 19,900 24, 20e 31,700 13,700 Cost 18,800 real 19,190 19,250 19,700 20,000 18, 200 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 behavior exhibited by the company's maintenance cost 3. Predict the level of maintenance cost that would be incurred during a month when 46,000 tour miles are driven Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Use the high-low.method to estimate the variable cost per tour mile traveled and the fixed cost per month. {Round Variable cost per tour mile to 3 decimal places.) rea cost per tourmile Gecco per month re Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. (The realis Brazil's national monetary unit on the day this exercise was written the real was equivalent in value to 0.2545 U.S. dollar) Cost Month November December Danuary February March April Miles Traveled by Tour Buses 15,300 17,600 19,900 24,280 31,700 13,700 18,80 real 19, 120 19,250 19,700 20,900 16,200 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 behavior exhibited by the company's maintenance cost 3. Predict the level of maintenance cost that would be incurred during a month when 46,000 tour miles are driven. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Develop a formula to express the cost behavior exhibited by the company's maintenance cost. (Round Variable cost per tout mile to a decimal places.) Maintenance cost per month freal Peal Rio Bus Tours has incurred the following bus maintenance costs during the recent tourist season. (The realis Brazil's national monetary unit. On the day this exercise was written, the real was equivalent in value to 0.2545 US dollar) Month November December January February March April Miles Traveled by Tour Buses 15,300 17,600 19,900 24,200 31,700 13,780 Cost 18,800 real 19, 100 19,250 19,700 20,900 18, 200 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 behavior exhibited by the company's maintenance cost 3. Predict the level of maintenance cost that would be incurred during a month when 46,000 tour miles are driven Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Predict the level of maintenance cost that would be incurred during a month when 46.000 tour miles are driven Maintenance Co
