Question
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?
Select one:
A. $100,000
B. $ 35,000
C. $175,000
D. $ 50,000
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Risk Based Auditing Using ISO 19011 2018 CERM Academy Series On Enterprise Risk Management
Authors: Greg Hutchins
1st Edition
1732554501, 978-1732554504
