Top Posters
Since Sunday
I
3
p
2
w
2
y
2
J
2
Q
2
r
2
o
2
e
2
j
2
d
2
T
2
New Topic  
bernie2981 bernie2981
wrote...
Posts: 3810
9 years ago
Johnson Trucking Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven to each area. It wants to separate the fixed and variable portion of the truck's operating costs so it has a better idea of how distance affects these costs. Johnson Trucking Company has the following data available.

Month   Miles driven   Total operating costs
January   16,200   $22,650
February   17,000   $23,250
March   18,200   $24,150
April   16,500   $22,875
May   17,400   $23,550
June   15,400   $22,050

The variable cost per mile using the high-low method is
A) $0.75.
B) $1.00.
C) $1.33.
D) $1.43.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 1884 times
5 Replies
Replies
Answer verified by a subject expert
nucleinuclei
wrote...
Top Poster
Posts: 2158
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

bernie2981 Author
wrote...
8 years ago
Answers my question perfectly.
wrote...
4 years ago
Wonderful
wrote...
4 years ago
thanks
wrote...
4 years ago
thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  769 People Browsing
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 825
  
 2230
  
 388