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QUESTION 14 Your Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single
QUESTION 14 Your Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume in units 3,500 6,500 Cost one $39,375 $73,125 Cost two $115,000 $115,000 Cost three $22,750 $42,250 Cost four $146,575 $153,925 Total cost $323,700 $384,300 What is the best estimate of the total fixed cost? (MAKE SURE YOU CONSIDER WHAT YOUR ANSWER IN 13 MEANS) O A $115,000 B. $354,000 C. $253,000 D. $260,000 E. $248,000
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