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high-Low Method for a Service Company Boston Railroad decided to use the high-low method and...

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high-Low Method for a Service Company Boston Railroad decided to use the high-low method and operating data from the past six months to estimate the foxed and variable components of transportation costs. The activity has used by Boston Broad is a measure of road operating activity, termed grous to me, which is the total number of tons multiplied by the miles moved Transportation Costs Gross Ton Miles January $1,218,200 263,000 February 1,358,200 294,000 March 959.000 190,000 April 1.302.200 284,000 May 1,092,200 229,000 June 1,400,200 309,000 Determine the variable cost per gross ton mile and the total fixed cost Variable cost (Hound to two decimal places.) X per gross-ton mille Total foxed cost X

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