Question: =+EX 21-7 High-low method obj. 1 a. $16.00 per unit Blowing Rock Railroad decided to use the high-low method and operating data from the

=+EX 21-7 High-low method obj. 1

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a. $16.00 per unit Blowing Rock Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Blowing Rock Railroad is a measure of railroad operating activity, termed “gross-ton miles,” which is the total number of tons multiplied by the miles moved.

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