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What is the estimated fixed cost

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Question - Delivery Dudes Services has the collected the following information about operating expenditures for its delivery trucks for the past five years:

Year Miles Operating Costs

2013 45,000 $185,000

2014 60,000 $200,000

2015 40,000 $170,000

2016 55,000 $195,000

2017 75,000 $215,150

Using the high-low method, what is the estimated fixed cost for 2018 at an activity level of 50,000 miles?

$123,200

$152,200

$134,600

$118,400

Reference no: EM131676851

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