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The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 440 $
The following information is available for a company's cost of sales over the last five months.
| Month | Units sold | Cost of sales | ||
| January | 440 | $ | 32,600 | |
| February | 840 | $ | 39,000 | |
| March | 1,800 | $ | 51,000 | |
| April | 2,440 | $ | 63,000 | |
Using the high-low method, the estimated total fixed cost is:
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