What is estimate of fixed costs for fleet operating expenses

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Question - The Lighting Delivery Service has the following information about its truck fleet miles and operating costs:

Year

Miles

Operating Costs

2018

250,000

$160,000

2019

350,000

$210,000

Required - What is the best estimate of fixed costs for fleet operating expenses in 2020 using the high-low method?

Reference no: EM133127629

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