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Arizona State University *

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93344

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Industrial Engineering

Date

Feb 20, 2024

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jpeg

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1

Uploaded by ColonelPony2460

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REQUIR Olastian o/at . w‘qul,z. 10 point(s) possible D Y oeee | P e b Deliveries Are Us Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven to each area. It wants to separate the fixed and variable portion of the company's operating costs so it has a better idea of how distance affects these costs. The Company has the following data available Month Miles driven Total operating costs January 16,200 $22,650 February 17,000 $23,250 March 19,000 $25,000 April 16,500 $22,875 May 17,400 $23,550 June 15,000 $22,000 L3 i "low" it wil It i roximation Using the high low method, the fixed costs in a month are (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an app of the cost.) $47,000 $10,750 . $14,250 $3,000 (@ Time Remaining: 00:27:10 m Calculator
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