Bruno Company accumulates the following data converning a mixed cost, using miles as the activity level.
.......................Miles Driven......................Total Cost
January........... 8,000...................................$14,150
February..........7,500...................................$13,500
March..............8,500.................................. $15,000
April................. 8,200................................. $14,490
Compute the variable - and fixed-cost elemts using the high-low method.