Calculate the following using the high-low method (carry out calculations to 6 or 7 decimals): (a) the fixed operating expense per year, (b) the variable operating expense per RPM, and (c) the total operating expense per RPM for the "high activity" year in your high-low calculation. Compare the total variable expense for the "high activity" year to the fixed expense. 

Answer rating: 100% (QA)

Solution To calculate the fixed operating expense per year we need to find the total fixed expenses ... View the full answer