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Brief Exercise 157 Corporation accumulates the following data concerning a mixed cost, using miles as...

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Brief Exercise 157 Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Drive 10,000 8,000 9,000 Total Cost January February March April 16,500 $14,500 $12,500 7,000$12,000 Compute the variable and fixed cost elements using the high-low method. (Round variable cost answer to 2 decimal places Variable Cost s Fixed Cost per mile

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