Strait Co. manufactures office furniture. During the most productive month of the year, 3,700 desks were manufactured at a total cost of $83,800. In the month of lowest production the company made 1,250 desks at a cost of $59,700. Using the high-low method of cost estimation, total fixed costs are

a.$83,800

b.$24,100

c.$59,700

d.$47,392

Strait Co. manufactures ofce furniture. During the most productive month of the year, 3,700 desks were manufactured at a total cost of $83,800. In the month of lowest production the company made 1,250 desks at a cost of $59,700. Using the high-low method of cost estimation, total xed costs are \"Ea. $83,800 (Vb. $24,100 hC. $59,700 0d. $47,392