Question: Determine variable- and fixed cost elements using the high-low method. (LO 2), AP BE18-4 Bruno Company accumulates the following data concerning a mixed cost, using

 Determine variable- and fixed cost elements using the high-low method. (LO

Determine variable- and fixed cost elements using the high-low method. (LO 2), AP BE18-4 Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January February March 8,000 7,500 8,500 8,200 $14,150 13,500 $15,000 14,490 April Compute the variable and fixed-cost elements using the high-low method. Determine variable- and fixed-cost elements using the high-low method. (LO 2), AP

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