Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 10 continental rairoad decided to use

question 10 Continental Rairoad decided to use the high-low method and...

60.1K

Verified Solution

Question

Accounting

question 10
image
Continental Rairoad decided to use the high-low method and operating data from the past six months to estimate the fixed and variable components of trensportation costs. The activity bose used by Continental Railroad is a measure of raliroad operating activity, termed "gross ton miles," which is the totat number of tons muitiplied by the miles moved. Determine the variable cost per gross-ton mile and the total fored cost. Variabin cost. (Round to two decimal places.) Total foxed cost per gross-ton mile

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

1) You wonder whether men or women are more likely to be driving when both a...

Physics
1.2K views

A ball is projected at an angle of 53 degrees and a speed of 30m/s from...

Physics
1.2K views

Q16 Physics If V 12 V and VB 8 V then 652 A C E...

Physics
1.2K views

17 Water falls from a height 500 m What is the rise in temperature of...

Basic Math
1.2K views

tion 9 Use the rule of order of operations 3 4 Next Question 3 34

Statistics
1.2K views

The salaries of the employees at four companies are summarized below Answer the questions about...

Calculus
1.2K views

Find the sine and cosine of the angle 0 sin 0 cos 0 0 y...

Accounting
1.2K views

Flexible Budget for Selling and Administrative Expenses for a Service Company Daybreak Technologies Inc. uses...

Accounting
1.2K views

Exercise 3-14 Computing Predetermined Overhead Rates and Job Costs [LO3-1, LO3-2, LO3-3, LO3-7] ...

Accounting
1.2K views

The difference between equity financing and debt financing is that a. debt financing means the...

Accounting
1.2K views

Record the transactions in the general journal. The company does not make entries to accrue...

Accounting
1.2K views

2-c. Prepare a classified balance sheet as of July 31. 2-c. Prepare a classified...