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A company reports the following information: Month Units Sold Total Cost January 900 $ 5,450 February 1,800 $ 6,900 March 2,400 $ 8,100 April 600
A company reports the following information:
Month | Units Sold | Total Cost |
---|---|---|
January | 900 | $ 5,450 |
February | 1,800 | $ 6,900 |
March | 2,400 | $ 8,100 |
April | 600 | $ 3,600 |
Using the high-low method, the estimated total fixed cost is:
a) $1,500.
b) $3,600.
c) $6,000.
d) $3,300.
e) $2,100.
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