8. The following data is about delivery truck maintenance for CATS. Using High-Low, calculate the...
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8. The following data is about delivery truck maintenance for CATS. Using High-Low, calculate the variable cost per unit then find the fixed cost for the relevant range. What are the total variable costs at the High and Low Range? What is the relevant range? Miles Driven June July August 15,500 16,000 18,000 September 17,000 Maintenance Cost $16,300 $16.700 $18,200 $17.500 Variable Cost Per Unit Total Fixed Total Variable Cost Costs
8. The following data is about dellvery truck maintenance for CATS. Using High-Low, calculate the variable cost per unit then find the fixed cost for the relevant range. What are the total variable costs at the High and Low Range? What is the relevant range
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