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Determine the variable cost per gross-ton mile

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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 flogross-ton miles,?? which is the total number of tons multiplied by the miles moved.

248_Determine the variable cost per gross-ton mile.PNG


Determine the variable cost per gross-ton mile and the fixed cost.

Reference no: EM13529312

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