Boston Railrosd decided to use the high-low method and operating data from the past six...
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Accounting
Boston Railrosd decided to use the high-low method and operating data from the past six months to estimate the fuxed and variable comporvents of transportation costs. The activity base used by Boston Railroad is a measure of railroad operating activity, termed "aross-ton miles," which is the total number of tons multiplied by the miles moved. Determine the wariable cost per gross-ton mile and the total foced cost. Variable cost (Round to two decimal places.) Total fixed cost per gross-ton mile
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