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Q 11.25: Clark Company used the following data and the high-low method to determine that its variable cost per mile is $2.50 and its fixed

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Q 11.25: Clark Company used the following data and the high-low method to determine that its variable cost per mile is $2.50 and its fixed costs are $70,000. Total cost $384,000 Month January February March April Miles 160,000 100,000 140,000 180,000 ? 520,000 What were the total cost dollar amounts used in the high-low analysis? A $384,000 and $520,000 $320,000 and $520,000 St $384,000 and $420,000 der ml D5420,000 and $520,000

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