Question: What is the estimated fixed cost for 2024? Dispatch Dynamics Services has collected the following information about operating expenditures for its delivery fleet for the

What is the estimated fixed cost for 2024?

What is the estimated fixed cost for 2024?
Dispatch Dynamics Services has collected the following information about operating expenditures for its delivery fleet for the past five years: Year | Miles | Operating costs 2019 | 38,000 | $176,000 2020 | 52,000 | $192,000 2021 | 43,000 | $182,500 2022 | 58,000 | $198,000 2023 | 67,000 | $207,500 Using the high-low method, what is the estimated fixed cost for 2024 at an activity level of 55,000 miles

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