Thevariable cost per gross-ton mile and thefixed cost

Reference no: EM131125001

Blowing Rock 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 Blowing Rock 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 Miles
January	$1,384,400	307,000
February	1,543,600	343,000
March	1,090,900	222,000
April	1,479,900	332,000
May	1,241,200	267,000
June	1,591,300	361,000

Determine thevariable cost per gross-ton mile and thefixed cost.

Variable cost: (Round to two decimal places.)	$ per gross-ton mile
Total fixed cost:

Reference no: EM131125001

Questions Cloud

Explain when a physical model can be created : For this essay, imagine you are approached by a member of a business department that has no idea what SDLC is, and they want to know when a physical model is created. You must first describe the SDLC and its phases. Then, explain when a physical m..

Design a non recursive algonthin for finding by Link hopping : Design a non recursive algonthin for finding by link hopping d e., traverse the int by following links), ow middle node of a doubly linked list with header and trader cent nets. (Note. This method must only use Ink hopping; it cannot use • counter.)

The titles of the financial reports in the intel corp : a. Name the titles of the financial reports in the Intel Corp. annual report that provide specific information about economic resources, claims to resources, and changes in resources and claims.

Does it fit into our contemporary society : In this exercise you are to write a short paper (1-2 pages of text) analyzing the term "white collar crime." I am looking for a thorough analysis of how the meaning of this phrase has developed and changed through the years since it was first int..

Thevariable cost per gross-ton mile and thefixed cost : Blowing Rock 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.

Evaluate the current fiscal and monetary policies : Support all arguments using relevant frameworks (e.g. AD-AS) and arguments from class and/or the textbook.

What fraction of total production will be scrap : A machining operation produces bearings with diameters that are normally distributed with mean 3.0005 inches and standard deviation .0010 inch. Specifications require the bearing diameters to lie in the interval 3.000}.0020 inches. Those outside ..

Advantage of elisa over other immunoassay techniques : MAIN advantage of ELISA over other immunoassay techniques as far as analyte detection is concerned

Analyze the situation given in this case : Read the case carefully. Analyze the situation given in this case and answer the four questions given at the end of the case.

User Account

All Pages