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Production in 2012 for Stowe Snow Mobile was at its highest point in the month of June when 30 units were produced at a total
Production in 2012 for Stowe Snow Mobile was at its highest point in the month of June when 30 units were produced at a total cost of $600,000. The lowest point in production was in January when only 5 units were produced at a cost of $331,000. The company is preparing a budget for 2010 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:
$277,200
$267,200
$249,000
$269,000
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