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Business, 06.04.2021 02:20 sfigel3160

Assume that a company operates a fleet of delivery trucks. If a truck is driven 80,000 miles during a year its average operating cost is 25 cents per mile. If a truck is driven only 60,000 miles during the year, its average operating cost is 30 cents per mile. Using the high-low method, which of the following equations best estimates the total mixed operating cost per year? a. $0.12
b. $0.15
c. $0.18
d. $0.10

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Assume that a company operates a fleet of delivery trucks. If a truck is driven 80,000 miles during...
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