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Inspection costs at one of Ratulowski Corporation's factories are listed below: April May June July August September October November December Units Produced 921 981 927

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Inspection costs at one of Ratulowski Corporation's factories are listed below: April May June July August September October November December Units Produced 921 981 927 911 933 918 935 Inspection Costs $17,812 $18,200 $17,865 $17,710 $17,894 $17,780 $17,932 $17,200 $17,738 875 914 Management believes that inspection cost is a mixed cost that depends on units produced Using the high-low method, the estimate of the fixed component of inspection cost per month is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $8,949.17 $17,711.00 $17,201.00 $17,720.00

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