Able Transport operates a tour bus that they lease with terms that involve a fixed...
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Accounting
Able Transport operates a tour bus that they lease with terms that involve a fixed fee each month plus a charge for each mile driven. Able Transport drove the tour bus miles and paid a total of $ in March. In April, they paid $ for miles.
A What is the variable cost per mile if Able Transport uses the highlow method to analyze costs?
B What is the total fixed fee if Able Transport uses the highlow method to analyze costs?
C Using the answers from A and complete the equation: Total cost
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