QUESTION 44

1. To follow is information about the units produced and total manufacturing costs for Pine Enterprises for the past six months.

   Month	Number of units produced	Total manufacturing costs
   January	9000	$8500
   February	7,500	$8,000
   March	6,600	$7,550
   April	6,800	$7,650
   May	4000	$6700
   June	7,000	$7,750

   Using the high-low method, what is the monthly fixed manufacturing cost? (Round any intermediary calculations to the nearest cent.)

   		$5260
   		$3240
   		$1800
   		$15,200