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Sunland Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. January February March April Variable Cost Miles Driven Total
Sunland Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. January February March April Variable Cost Miles Driven Total Cost $36,070 $33,500 $31,500 $31,000 Fixed Cost 11,900 10,900 Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, e.g. 52.75.) 9,900 LA $ 8,900 per mile
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