Using the high-low method, compute the monthly fixed cost. Group of answer choices $25,000 $38,000 $62,000 $100,000
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Using the high-low method, compute the monthly fixed cost.
Group of answer choices
- $25,000
- $38,000
- $62,000
- $100,000
Transcribed Image Text:
Month Miles Total Cost January 80,000 $195,000 February 50,000 150,000 March 70,000 188,000 April 90,000 250,000 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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Answer 25000 Calculated as Months Units Total Cost High point Decem... View the full answer
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