(Answered) Question 2 bruno company accumulates the following data

Accounting

Question 2 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	8,010	$11,395	March	8,550	$11,705
February	7,460	10,506	April	8,260	11,555

Compute the variable cost per mile using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.)

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

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