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THE Company sells a single product for $52 per unit. The costs of producing this product include direct materials and direct labor, both variable costs,

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THE Company sells a single product for $52 per unit. The costs of producing this product include direct materials and direct labor, both variable costs, at a total of $21 per unit and an overhead cost, which is a mixed cost. Information about the overhead cost for the past four months appears below: Month January February March April Overhead Cost $76,100 $93,700 $72,100 $88,800 Units Sold 3,200 4,700 2,900 4,100 THE Company expects to sell 4,380 units in May. Using the high-low method, calculate THE Company's expected net income for May. $49,860 $31,430 $53,710 $41,200 $56,350 $45.920 $36.980 none of the above choices are correct

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