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Mendoza Company's highest point of total cost was $ 75 comma 000$75,000 in June. Their point of lowest cost was $ 65 comma 000$65,000 in
Mendoza Company's highest point of total cost was
$ 75 comma 000$75,000
in June. Their point of lowest cost was
$ 65 comma 000$65,000
in January. The company makes a single product. Production volume in June and January were
14 comma 00014,000
and
8 comma 0008,000
units, respectively. What is the fixed cost per month? Round your final answer to the nearest whole dollar.
A.
$65,000
B.
$57,500
C.
$51,666
D.
$61,666
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