Based on the above, in applying the high-low method, what is the unit variable cost? *

$21

$19

$21.5

None of the above

Based on the above, using the high-low method, the estimated fixed cost element is: *

$8,000

$3,000

$9,000

None of the above

Based on the above, using the high-low method, determine an estimate of total maintenance cost for a month in which 30,000 miles are expected to be driven. *

$648,000

$639,000

$578,000

None of the above

X Company accumulates the following data about maintenance costs, a mixed cost, using miles as the activity level: January February March April May June Miles 10,000 12,000 17,000 24,000 18,000 22,000 Maintenance Cost 219,000 250,000 360,000 513,000 380,000 465,000