Miss River Railroad decided to use the high low method

and #8895
Miss River Railroad decided to use the high-low method and operating data from the past six
months to estimate the fixed and variable components of transportation costs. The activity base
used by Miss River Railroad is a measure of railroad operating activity, termed "gross-ton
miles," which is the total number of tons multiplied by the miles
moved.......................Transportation Costs ...................Gross-Ton MilesJanuary
.................$6,500,000............................... 2,500,000February
...............6,187,500................................ 2,500,000March
..................6,980,000................................ 2,940,000April ................... 7,500,000
............................... 3,400,000May .................... 8,775,000 ............................... 4,500,000June
................... 8,200,000 ................................ 4,000,000Determine the variable cost per gross-ton
mile and the fixed costs?View Solution:
Miss River Railroad decided to use the high low method and

ANSWER
http://paperinstant.com/downloads/miss-river-railroad-decided-to-use-the-high-low-method-and/

1/1
Powered by TCPDF (www.tcpdf.org)