Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bernard Company shows the following manufacturing costs for the first six months of the year: Production in Units Total Costs January 1,600 $33,636 February 1,450
Bernard Company shows the following manufacturing costs for the first six months of the year:
Production in Units | Total Costs | |
January | 1,600 | $33,636 |
February | 1,450 | $31,000 |
March | 1,770 | $35,436 |
April | 2,400 | $43,636 |
May | 2,840 | $45,780 |
June | 2,850 | $45,900 |
Using the high-low method, the total fixed costs are ______. (Round intermediate calculations to two decimal places, and the final calculation to the nearest dollar.)
A.
$15,576
B.
$14,900
C.
$45,900
D.
$30,324
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started