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E15-18. High-Low Cost Estimation Assume the local YRC Worldwide delivery service hub has the following...

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E15-18. High-Low Cost Estimation Assume the local YRC Worldwide delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs 2017.......................................................... 556,000 2018.. ... 684,000 $175,600 214,000 ...................................... 664,000 Required Use the high-low method to develop a cost-estimating equation for total annual operating costs

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