Acc349 Cost Accounting: BE5-4 Spitz Company accumulates the following data concerning

Acc349 Cost Accounting

BE5-4
Spitz Company accumulates the following data concerning a mixed cost, using miles as the activity level.
Miles Driven Total Cost
January 8,000 14,100
February 7,500 13,500
March 8,500 15,000
April 8,200 14,400

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