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In applying the high-low method, what is the fixed cost? Month Miles...

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Question

Accounting

In applying the high-low method, what is the fixed cost?

Month Miles Total Cost

January 80,000 $192,000

February 50,000 160,000

March 70,000 188,000

April 90,000 260,000

A.

$35,000
B.

$72,000
C.

$28,000
D.

$100,000

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