Question: In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 76000 $122000 February 52000 110000 March 66000 118000 April

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

In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 76000 $122000 February 52000 110000 March 66000 118000 April 92000 160000 O $50000 O $42000 O $45000 O $12000

Step by Step Solution

3.47 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To find the fixed cost using the highlow method follow these steps Step 1 Identify the high... View full answer

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!