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Spitz Company accumulates the following data concerning a mixed cost using miles as the activity level. Miles DrivenTotal Cost January8,00014,100 February7,50013,500 Miles DrivenTotal Cost March8,50015,000
Spitz Company accumulates the following data concerning a mixed cost using miles as the activity level.
Miles DrivenTotal Cost
January8,00014,100
February7,50013,500
Miles DrivenTotal Cost
March8,50015,000
April8,20014,400
Compute the variable and fixed cost elements using the high low method.
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