Johnson Trucking 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 truck's operating costs so it has a better idea of how distance affects these costs. Johnson Trucking Company has the following data available. Using the high-low method, the fixed costs in a month are (Round any intermediary calculations to the nearest cent.)

Question

Johnson Trucking 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 truck's operating costs so it has a better idea of how distance affects these costs. Johnson Trucking Company has the following data available.  Using the high-low method, the fixed costs in a month are (Round any intermediary calculations to the nearest cent.)

Quizplus · Accepted Answer

The Answer of Johnson Trucking 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 truck's operating costs so it has a better idea of how distance affects these costs. Johnson Trucking Company has the following data available.  Using the high-low method, the fixed costs in a month are (Round any intermediary calculations to the nearest cent.)

Johnson Trucking Company Wants to Determine a Fuel Surcharge to Add