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Crane Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below.

Crane Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Rent Direct in Units Expense Materials 1,000 $5,660 $4,528 2,000 5,660 6,900 3,000 9,056 6,900 4,000 9,056 9,200 5,000 9,056 11,500 6,000 9,056 13,800 7,000 9,056 16.100 8,000 9,056 18,400 9,000 11,320 33,168 10,000 11,320 39.620 11,000 11,320 49,808 Your answer is incorrect. Indicate the fixed cost within the relevant range. Fixed cost $ eTextbook and Media 11104 13

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