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Use the following to answer questions 14-16: Month Miles January February March April 80,000 50,000 70,000 90,000 Total Cost S 96,000 80,000 94,000 130,000

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Use the following to answer questions 14-16: Month Miles January February March April 80,000 50,000 70,000 90,000 Total Cost S 96,000 80,000 94,000 130,000 " In applying the high-low method, which months are relevant February and Aperit 19) January February ) February and March D) January and April 15. In applying the high few method what is the wis able cos? A) $1.60 B) 51.44 C) Cannot be determined from the information given D) $1.25 16. In applying the high-low method, what is the fixed cost A) S.36,000 B) $50,000 C) $17,500 D) $14,000

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