Question: Current Attempt in Progress Ivanhoe Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost $20,620

 Current Attempt in Progress Ivanhoe Corporation accumulates the following data concerning

Current Attempt in Progress Ivanhoe Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost $20,620 January 10,400 February 8,400 $18,500 March 9,400 $16,500 April 7,400 $16,000 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 $ e Textbook and Media

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