Bruno company accumulates the following data regarding the

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Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level.

MONTH---------Miles Driven------Total Cost

January----------8,000----------------$14,150

February--------7,500----------------$13,500

March-----------8,500----------------$15,000

April-------------8,200----------------$14,490

Compute the variable and fixed cost elements using the high low method.

Reference no: EM13451783

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