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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 910 959 916

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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 910 959 916 900 922 907 924 864 903 Inspection Costs $ 16,712 $17,100 $ 16,765 $ 16,610 $ 16,794 $ 16,680 $ 16,832 $16, 210 $ 16,638 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 $16,211.00 $16,620.00 $16,611.00 $8,114.17

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