Bruno Company accumulates the following data concerning a mixed cost, using miles as the

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Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level.

 

MONTH---------Miles Driven------Total Cost

January----------8,000----------------$14,150

February--------7,500----------------$13,500

March-----------8,500----------------$15,000

April-------------8,200----------------$14,490

 

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

    • 8 years ago
    Bruno Company __Fixed and Variable Cost__correct w/ solutions !
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