Question: Applying the hi low method determine fixed costs and variable costs per unit Determine the linear equation in the form of y=mx + b Month

Applying the hi low method determine fixed costs and variable costs per unit
Determine the linear equation in the form of y=mx + b
Month Miles Total Cost
January 80,000 $144,000
February 50,000 120,000
March 70,000 141,000
April 90,000 195,000
Fixed costs
variable costs per unit
linear equation in the form of y=mx + b

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