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

Aug 26th, 2015
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.

Tutor Answer

(Top Tutor) Anjum H
School: UT Austin

Studypool has helped 1,244,100 students

Review from student
" Thanks, good work "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1824 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors