Corris Co. accumulates the following data concerning a mixed cost, using miles as the activity level. 
Instructions
Compute the variable and fixed cost elements using the high-low method.
Definitions:
Efficiency
Describes the extent to which time, effort, or cost is well-used for the intended task or purpose, often aiming for the maximum output from a given set of resources.
Indifference Curves
Graphical representations in economics showing combinations of goods among which a consumer is indifferent, meaning they have no preference for one combination over another.
Pareto Optimal
A state of allocation of resources from which it is impossible to reallocate to make any one individual or preference criterion better off without making at least one individual or preference criterion worse off.
Marginal Utility
The additional satisfaction or utility that a consumer receives from consuming an additional unit of a good or service.
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