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San Antonio Business Furniture Inc. makes office tables. During the most productive month of the year, 1,500 tables were manufactured at a total cost of

San Antonio Business Furniture Inc. makes office tables. During the most productive month of the year, 1,500 tables were manufactured at a total cost of $49,000. In its slowest month, the company made 1,000 tables at a total cost of $34,000. Using the high-low method of cost estimation, total fixed costs are:

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$4,000

$7,000

$9,000

$3,000

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