Question: please use third photo the parte do corpo. The und Transportation Costa Gros los 100 000 20.000 2000 1. 30.000 13.000 000 000 tot el

 please use third photo the parte do corpo. The und Transportation
Costa Gros los 100 000 20.000 2000 1. 30.000 13.000 000 000
tot el places) High-Low Method for a Service Company Continental Railroad decided
please use third photo

the parte do corpo. The und Transportation Costa Gros los 100 000 20.000 2000 1. 30.000 13.000 000 000 tot el places) High-Low Method for a Service Company 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 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. Transportation Costs Gross-Ton Miles January $903,100 213,000 February 1,006,900 238,000 March 711,600 154,000 April 965,300 230,000 May 809,600 185,000 June 1,038,000 250,000 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 High-Low Method for a Service Company 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 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. Transportation Costs Gross-Ton Miles January $903,100 213,000 February 1,006,900 238,000 711,600 154,000 April 965,300 230,000 May 809,600 185,000 June 1,038,000 250,000 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 March

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!