Carla Vista Corporation accumulates the following data concerning a mixed cost, using miles as the activity...
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Carla Vista Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10.900 $25,770 February 8,900 $23,500 March 9,900 $21,500 April 7.900 $21,000 Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, eg. 52.75.) Variable Cost per mile Fixed Cost Carla Vista Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10.900 $25,770 February 8,900 $23,500 March 9,900 $21,500 April 7.900 $21,000 Compute the variable and fixed cost components using the high-low method. (Round variable cost answer to 2 decimal places, eg. 52.75.) Variable Cost per mile Fixed Cost
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Answer Variable Cost 159 per mile Fixed Cost 8439 Explanation Using HighLow Method V... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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