Greene Enterprises Has the Following Information About Its Truck Fleet

question 79

Multiple Choice

Greene Enterprises has the following information about its truck fleet miles and operating costs: $$\begin{array} { c c c } \text { Year } & \text { Miles } & \text { Operating Costs } \\\hline2010 & 400,000 & \$ 256,000 \\2011 & 480,000 & 280,000 \\2012 & 560,000 & 320,000\end{array}$$ 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)$256,000
• B)$288,000
• C)$296,000
• D)$320,000

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Definitions:

Deep

Positioned far away from the surface of the body or from the point of reference.

Negative Feedback

A control system where a trigger leads to a contrary outcome to keep a regulated factor at its optimal state.

Body Temperature

The measure of the body's ability to generate and get rid of heat, vital for maintaining metabolic processes.