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 269 U.S. dollar) Traveled by Tour buses 13,00 16.600 8 02:21:21 17,800 rear 18,100 Month November December January February March April 23,200 30,700 12,700 18.700 19,900 17,200 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 36,000 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.) Visbie cost per bour mile Fwed color month Required 2 > MacBook Pro 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 269 U.S. dollar) X 02 20:46 Month November December January February March April Miles Traveled by Tour Buses 13,800 16,600 19,400 23,200 30,700 12,700 Cost 17,800 real 18,100 18.250 18,700 19,900 17,200 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 36,000 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 tour mile" to 3 decimal places.) Maintenance cost per month real - [roalx Required 1 Required ) 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 269 U.S. dollar) Miles Traveled by Tour Buses 16,600 Month November December January February March April Cost 17.800 real 18.100 18.250 18.700 19.900 17,200 23,200 30,700 12,700 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 36,000 tour miles are driven Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Predict the level of maintenance cost that would be incurred during a month when 36,000 tour miles are driven ered 2
