# Determine variable-and fixed-cost elements using the high-low method

Aug 26th, 2015
Anonymous
Category:
Accounting
Price: \$5 USD

Question description

Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level.

Miles Driven                   Total                              Miles Driven                    Total Cost

January      8,000                             \$14,150      March             8,500                             \$15,000

February     7,500                               13,500      April               8,200                                14,490

* Compute the variable- and fixed-cost elements using the high-low method.

(Top Tutor) Anjum H
School: UT Austin

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