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Gambarini Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The
Gambarini Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $214.90 per unit. |
Sales volume (units) | 8,100 | 10,020 |
Cost of sales | $664,200 | $821,640 |
Selling and administrative costs | $613,100 | $649,580 |
The best estimate of the total monthly fixed cost is:
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