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Discuss estimate of fixed costs for fleet operating expenses

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Reference no: EM131753506

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

Year Miles Operating Costs
2011 250,000 $160,000
2012 300,000 $175,000
2013 350,000 $210,000

What is the best estimate of fixed costs for fleet operating expenses in 2014 using the high-low method?

$100,000
$ 35,000
$175,000
$ 50,000

Reference no: EM131753506

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