Question: In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 80000 $142000 February 54000 120000 March 70000 138000 April 84000

 In applying the high-low method, what is the fixed cost? Month

In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 80000 $142000 February 54000 120000 March 70000 138000 April 84000 140000 O $84000 O $22000 O $2000 O $18000

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!