A company has the following product costs at the activity levels indicated below:

11,.000

$27,500

$46,750

Units

Direct Materials

Direct Labor

Manufacturing Overhead (mixed

cost)

Rent

Total Product Costs

10,000|

$25,000 I

$42.500

10,800

$27,000

$45,900

$65,000

$69,500

$35,000

$167,500

$68,600

$35,000

$176,500

$35,000

$178,750

Using the high-low method, what are total fixed manufacturing expenses?

A company has the following product costs at the activity levels indicated below: 10,000 $25,000 $42,500 10,800 $27,000 $45,900 Units Direct Materials Direct Labor Manufacturing Overhead (mixed cost) Rent Total Product Costs 11,000 $27,500 $46,750 $69,500 $65,000 $68,600 $35,000 $167,500 $35,000 $176,500 $35,000 $178,750 Using the high-low method, what are total fixed manufacturing expenses? ANS: $