Question: High-Low Method for a Serivce Company High-Low Method for a Service Company Continental Raliroad decided to use the high-low method and operating data from the

High-Low Method for a Serivce Company

High-Low Method for a Service Company Continental Raliroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable. components of transportation costs. The activity base used by Continental Railroad is a measure of railroad operating activity, termed "gross-ton miles," which is the total number of tons multiplied by the miles moved. Determine the variable cost per gross-ton mile and the total fixed cost. Variable cost (Round to two decimal places.) \$ per gross-ton mile Total fixed cost

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

High-low method for a service company Sierra Railroad Inc. decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of...

High-low method for a service company Sierra Railroad Inc. decided to use the high-low method and operating dota from the past six months to estimate the fixed and variable components of...

High-Low Method for a Service Company a measure of Continental Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of...

EX 5-8 High-low method for a service company Obj. Boston Railroad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of...

High - low method for a service company Sierra Railroad Inc. decided to use the high - low method and operating data from the past six months to estimate the fixed and variable components of...

High-low method for a service company Sierra Railroad Inc. decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of...

High - low method for a service company Sierra Railroad Inc. decided to use the high - low method and operating data from the past six months to estimate the fixed and variable components of...

High-low method for a service company Sierra Railroad Inc. decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of...

High-low method for a service company Sierra Railroad Inc, decided to use the high-low method and operating data from the past six months to estimate the foxed and variable components of...

Question Content Area High - low method for a service company Sierra Railroad Inc. decided to use the high - low method and operating data from the past six months to estimate the fixed and variable...

Below are several sources from which legal authority can be derived. State whether each source provides the project manager with sufficient authority from which he can effectively manage the project....

a. Use the information below from Tournment Sporting Goods's annual financial statements to calculate the actual and sustainable growth rate for each year from 2010 - 2014. b. Do you think Tournment...

1. Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $13,000, $16,000, $14,000, $14,000, and $16,000, respectively. The interest rate is 6%. answers...

Documentation for a zero - based budget process would include: Group of answer choices the upcoming season s complete list of revenue and expense items. last year s complete list of activities. a...

Appreciate the importance of establishing and maintaining a solid one-to-one relationship with each employee in the department and the need to know each as a whole person to be an effective...

Perspective, and other characteristics for the purpose of explaining some of the tensions that develop between the two groups

Appreciate the value and importance of employee participation and input