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In Applying the High-Low Method, What Is the Fixed Cost

Question 1

Multiple Choice

In applying the high-low method, what is the fixed cost?  Month Miles  Total Cost  January 80,000$192,000 February 50,000160,000 March 70,000188,000 April 90,000260,000\begin{array}{llr}\text { Month}& \text { Miles }& \text { Total Cost }\\\hline\text { January } & 80,000 & \$ 192,000 \\\text { February } & 50,000 & 160,000 \\\text { March } & 70,000 & 188,000 \\\text { April } & 90,000 & 260,000\end{array}


A) $35,000
B) $72,000
C) $28,000
D) $100,000

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