Business, 20.06.2020 17:57 amunson40

Calculate the Variable and Fixed cost using the high low method. Total costs Total Miles January $70,000.00 2,000 Feb. $100,000.00 5,000 March $78,000.00 2,500 April $85,000.00 2,700 May $90,000.00 4,000 A) What is the variable costs per mile? Total costs Total Miles High Month $100,000.00 5,000 Low Month $70,000.00 2,000 Difference $30,000.00 3,000 V. C. = B) What is the fixed cost per month? High Low Total Costs $100,000.00 70,000 Less Variable Costs 50,000 20,000 = Fixed Costs $50,000.00 50,000 C) What is the relevant range? D) What is the cost formula? E) What is the predicted total costs for 3,000 miles?

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Calculate the Variable and Fixed cost using the high low method. Total costs Total Miles January $70...

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