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Problem 1 Liverpool Corp. has provided the following information: Number of Cars Total Maintenance Produced Cost 1st Quarter 150 cars $45,000 2nd Quarter 175 cars

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Problem 1 Liverpool Corp. has provided the following information: Number of Cars Total Maintenance Produced Cost 1st Quarter 150 cars $45,000 2nd Quarter 175 cars 75,500 3rd Quarter 220 cars 76,650 4th Quarter 75 cars 35,440 Using the high-low method, calculate the total fixed maintenance cost. a) $14,124 b) $17,045 c) $12,321 d) $10,500

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