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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 $171.60 per unit. Sales volume (units) 8,000 9,000 Cost of sales $ 634,400 $ 713,700 Selling and administrative costs $ 432,200 $ 445,000 The best estimate of the total monthly fixed cost is:
$1,158,700
$329,800
$1,112,650
$1,066,600
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