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Bruno Company high low

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Bruno Company accumulates the following data concerning a mixed cost, using
miles as the activity level.

Miles Driven Total Cost Miles Driven Total Cost
 January  8,000  $14,150 March  8,500  $15,000
 February  7,500  $13,500 April  8,200  $14,490

Compute the variable- and fixed-cost elements using the high-low method.

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