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Sheridan Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 13,600 $35,040 February 11,600

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Sheridan Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 13,600 $35,040 February 11,600 31,860 March 12,600 32,040 April 10,600 30,000 Compute the variable and fixed cost components using the high-low method. (Round variable cost to 2 decimal places, a.s. 15.25.) Variable cost $ per mile Fixed cost $

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