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Gambino Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The

Gambino 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 $167.60 per unit.

Sales volume (units) 7,600 8,600
Cost of sales $ 587,480 $ 664,780
Selling and administrative costs $ 431,800 $ 444,200

The best estimate of the total monthly fixed cost is:

a. $1,108,980

b. $1,064,130

c. $337,560

d. $1,019,280

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