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Please show all your work. I need to fully understand how to solve the problem.
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QUESTION 1 Incorrect Mark 0.00 out of2.00 Flag question High-Low Cost Estimation Assume the local DHL delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs 2010 554,000 2011 674,000 $179,000 215,000 Use the high-low method to develop a cost-estimating equation for total annual operating costs. (Let X- annual fleet miles.) Total annual costs38,500x 0.25 xX
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