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What is the best estimate of fixed costs for fleet operating expenses in 2017 using the high-low method? The Heartland Delivery Service has the following
What is the best estimate of fixed costs for fleet operating expenses in 2017 using the high-low method?
The Heartland Delivery Service has the following information about its truck fleet miles and operating costs: Year 2015 2016 2017 Miles 125,000 150,000 175,000 Operating Costs $80,000 $87,500 $105,000 What is the best estimate of fixed costs for fleet operating expenses in 2017 using the high-low method? Select one: O A $17,500 B. $50,000 O C. $17,000 O D. $25,000
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