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Using the high-low method, what is the fixed cost for the following information? Month Miles Total Cost January 80,000 $96,000 February 50,000 $80,000 March 70,000
Using the high-low method, what is the fixed cost for the following information?
Month | Miles | Total Cost |
January | 80,000 | $96,000 |
February | 50,000 | $80,000 |
March | 70,000 | $94,000 |
April | 90,000 | $130,000 |
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