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Using the information below and applying the high-low method, what is the fixed cost? Month Miles Total Cost January 80,000 $144,000 February 50,000 120,000 March
Using the information below and applying the high-low method, what is the fixed cost?
Month Miles Total Cost
January 80,000 $144,000
February 50,000 120,000
March 70,000 141,000
April 90,000 180,000
Select one:
a. $ 64,000
b. $ 45,000
c. $135,000
d. $ 75,000
e. $ 70,000
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