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The following information is available for a company's cost of sales over the last four months. Month Units Sold Total Costs January 420 $ 31,800
The following information is available for a company's cost of sales over the last four months.
| Month | Units Sold | Total Costs |
|---|---|---|
| January | 420 | $ 31,800 |
| February | 820 | $ 38,000 |
| March | 1,700 | $ 50,000 |
| April | 2,420 | $ 62,000 |
Using the high-low method, the estimated total fixed cost is:
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
