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YOYO Inc. operates a local parcel delivery service. The company keeps detailed records relating to operating costs of trucks and has found that if a

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YOYO Inc. operates a local parcel delivery service. The company keeps detailed records relating to operating costs of trucks and has found that if a truck is driven 110,000 kilometres per year, the operating cost is $8,250. However, if a truck is driven 60,000 kilometres per year, the operating cost is $5,250. Required: Estimate the cost formula for truck operating costs using the high-low method

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