Question: Using the high-low method, compute the monthly fixed cost. Group of answer choices $25,000 $38,000 $62,000 $100,000 Month Miles Total Cost January 80,000 $195,000 February

Using the high-low method, compute the monthly fixed cost.

Month Miles Total Cost January 80,000 $195,000 February 50,000 150,000 March 70,000 

Group of answer choices

  • $25,000
  • $38,000
  • $62,000
  • $100,000

Month Miles Total Cost January 80,000 $195,000 February 50,000 150,000 March 70,000 188,000 April 90,000 250,000

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