View Policies Current Attempt in Progress Ivanhoe Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. January February March April Variable Cost Miles Driven Total Cost Fixed Cost 11,500 9,500 10,500 8,500 Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, e.g. 52.75.) $ $31,950 $29,500 $ $27,500 $27,000 per mile

Ivanhoe Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal ploces, eg. 52.75) Variablecost \\( \\$ \\) permile Fixed Cost \\( \\quad \\$ \\)