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2) Beechtree Corporation sells chewing gum and during January they ran production machines for 27,000 hours total and incurred $9,500 in maintenance costs. During July
2) Beechtree Corporation sells chewing gum and during January they ran production machines for 27,000 hours total and incurred $9,500 in maintenance costs. During July they ran production machines for 11,000 hours total and incurred $6,400 in maintenance costs.
Based on this data, what are the fixed costs? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Use of the "low" month with result in an approximation of the cost.)
A) $9,500
B) $23,120
C) $6,400
D) $4,370
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