Sierra Railroad Inc. decided to use the high-low method and operating data from the past...
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Accounting
Sierra Railroad Inc. decided to use the highlow method and operating data from the past six months to estimate the fixed and variable components of transportation costs. The activity base used by Sierra Railroad is grosston miles, which is the total number of tons multiplied by the miles moved.
Month Transportation Costs GrossTon Miles
January $
February
March
April
May
June
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.
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