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Cost information for Phillips Co is as follows: - Units 1,000 3,000 Cost ($) 14,000 22,000 Assuming no stepped costs, if 2,400 units were produced

Cost information for Phillips Co is as follows: -

Units

1,000

3,000

Cost ($)

14,000

22,000

Assuming no stepped costs, if 2,400 units were produced the forecast cost would be closest to:

Select one alternative:

  • $17,600
  • $20,600
  • $18,600
  • $19,600

I would like to know the answer and reason.

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