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The following information relates to Delivery Services: Year 1: Total miles driven 615,000 Year 1: Total operating costs $211,500 Year 2: Total miles driven 935,000
The following information relates to Delivery Services:
Year 1: Total miles driven 615,000 Year 1: Total operating costs $211,500 Year 2: Total miles driven 935,000 Year 2: Total operating costs $281,900
Use the high-low method to calculate total fixed costs.
(Do NOT round intermediate calculations; round your final answer to the nearest dollar; do not include the $ sign in your answer.)
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