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The Apollo Delivery Service has the following information about its truck fleet miles and operating costs: Year Miles Operating Costs 2011 250,000 $160,000 2012 300,000

The Apollo Delivery Service has the following information about its truck fleet miles and operating costs:

Year Miles Operating Costs

2011 250,000 $160,000

2012 300,000 $175,000

2013 350,000 $210,000

What is the best estimate of fixed costs for fleet operating expenses in 2014 using the high-low method?

$100,000

$ 35,000

$175,000

$ 50,000

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