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The Apollo Delivery Service has the following information about its truck fleet miles and operating costs: Year Miles Operating costs 2018 500,000 $320,000 2019 600,000
The Apollo Delivery Service has the following information about its truck fleet miles and operating costs: Year Miles Operating costs 2018 500,000 $320,000 2019 600,000 $370,000 2020 700,000 $420,000 What is the best estimate of fixed costs for fleet operating expenses using the high-low method? $100,000 O $200,000 $370,000 O $70,000
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