Dollywood Corporation 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:
Elasticity of Demand
A measure of how much the quantity demanded of a good or service changes in response to a change in its price.
Corporate Vertical Marketing System
A unified marketing system in which a single corporate entity controls the entire process from production to sale, ensuring streamlined operations and branding.
Successive Stages
Refers to the sequential steps or phases in a process or development.
Single Ownership
A business structure where a single individual owns the entire company without any partners or shareholders.
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