BA225 Managerial Accounting: BE5-4 Bruno Company accumulates the following data

BA225 Managerial Accounting

BE5-4
Bruno Company accumulates the following data concerning a mixed cost, using miles as activity level.
Miles Driven Total Cost
January 8,000 14,150
February 7,500 13,600
March 8,500 15,000
April 8,200 14,490

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