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Production during the current year for California Manufacturing, a producer of high security bank vaults, was at its highest point in the month of June

Production during the current year for California Manufacturing, a producer of high security bank vaults, was at its highest point in the month of June when 36 units were produced at a total cost of $560,000. The lowest point in production was in January when only 11 units were produced at a cost of $337,000. The company is preparing a budget for the current year and needs to project expected fixed cost for the budget year. Using the high- low method, the projected amount of fixed cost per month is: 7:28 Multiple Choice ok $238,880 $228,880 $203,000 $223,000

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