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BigTex Co. manufactures office furniture. During the most productive month of the year, 1,500 desks were manufactured at a total cost of $41,000. In its
BigTex Co. manufactures office furniture. During the most productive month of the year, 1,500 desks were manufactured at a total cost of $41,000. In its slowest month, the company made 900 desks at a cost of $30,800. Using the high-low method of cost estimation, total fixed costs in July are:
cannot be determined from the data given
$15,500
$20,200
$17,600
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