Delivery Dudes Services has the collected the following information about operating expenditures for its delivery...
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Accounting
Delivery Dudes Services has the collected the following information about operating expenditures for its delivery trucks for the past five years:
| Year | Miles | Operating Costs |
| 2013 | 45,000 | $185,000 |
| 2014 | 60,000 | $200,000 |
| 2015 | 40,000 | $170,000 |
| 2016 | 55,000 | $195,000 |
| 2017 | 75,000 | $215,150 |
Using the high-low method, what would be the estimated operating costs for 2018 at an activity level of 50,000 miles ?
| $202,200 | ||
| $182,900 | ||
| $187,500 | ||
| $197,400 |
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