Question
Willis Inc. provided information for costs of its delivery fleet: Month Miles Total Cost January 60,000 $95,000 February 70,000 101,000 March 49,000 80,000 April 79,000
Willis Inc. provided information for costs of its delivery fleet:
| Month | Miles | Total Cost |
| January | 60,000 | $95,000 |
| February | 70,000 | 101,000 |
| March | 49,000 | 80,000 |
| April | 79,000 | 103,000 |
Use the high low method to determine: variable cost per unit AND total fixed costs.
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Auditing Theory And Practice
Authors: John Dunn
2nd Edition
0132408961, 978-0132408967
