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Greene Enterprises Has the Following Information About Its Truck Fleet

Question 1

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Greene Enterprises has the following information about its truck fleet miles and operating costs: Greene Enterprises has the following information about its truck fleet miles and operating costs:   What is the best estimate of total costs using the high-low method if the expected fleet mileage for 2008 is 500,000 miles? A)  £288,000 B)  £296,000 C)  £256,000 D)  £320,000 What is the best estimate of total costs using the high-low method if the expected fleet mileage for 2008 is 500,000 miles?


A) £288,000
B) £296,000
C) £256,000
D) £320,000

Correct Answer:

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