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bernie2981 bernie2981
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8 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.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
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#3
4 years ago
Wonderful
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#4
4 years ago
thanks
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#5
4 years ago
thank you
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