In applying the high-low method, which months are relevant? Month Miles Total Cost January 80,000 $192,000 February 50,000 160,000 March 70,000 188,000 April 90,000 260,000 Group of answer choices January and April January and February February and March February and April

In applying the high-low method, which months are relevant? Month Miles Total Cost January 80,000 $192,000 February 50,000 160,000 March 70,000 188,000 April 90,000 260,000 Group of answer choices January and April January and February February and March February and April

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 12EA: Desiccate purchases direct materials each month. Its payment history shows that 70% is paid in the...

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Question

In applying the high-low method, which months are relevant?

Month Miles Total Cost

January 80,000 $192,000

February 50,000 160,000

March 70,000 188,000

April 90,000 260,000

Group of answer choices

January and April

January and February

February and March

February and April

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