Question
SunlandCompany accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January8,020$14,195March8,550$14,976February7,50513,513April8,20514,485 (a1)
SunlandCompany accumulates the following data concerning a mixed cost, using miles as the activity level.
Miles
Driven
Total
Cost
Miles
Driven
Total
Cost
January8,020$14,195March8,550$14,976February7,50513,513April8,20514,485
(a1)
Compute the unit variable costs using the high-low method for this mixed cost.(Round answer to 2 decimal places, e.g. 2.25.)
Variable cost per mile$
enter the variable cost per mile in dollars rounded to 2 decimal places
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(a2)
Compute the fixed costs using the high-low method for this mixed cost.
Total fixed costs$
enter the total fixed costs in dollars
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