Question
Sheridan Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Total Driven Cost 8,015 $14,100 January February
Sheridan Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Total Driven Cost 8,015 $14,100 January February 7,485 (a1) March 13,488 April Variable cost per mile Miles Driven $ 8,540 8,205 Your answer has been saved. See score details after the due date. Total Cost Compute the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places, e.g. 2.25 $14,754 14,495 1.76 (a2) Compute the fixed costs using the high-low method for this mixed cost. Total fixed costs $ Inf1 trad Submit Answer
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
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