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Use the high low method to determine: the variable cost per unit, total fixed costs, and the total cost equation. Willis Inc. provided information for
Use the high low method to determine: the variable cost per unit, total fixed costs, and the total cost equation.
Willis Inc. provided information for costs of its delivery fleet: Total Cost $95,000 103,000 80,000 101,000 Month January February March April Miles 60,000 70,000 49,000 79,000
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To use the highlow method we need to identify the highest and lowest activity levels and their corre...
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