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***Use the following data to answer the next two (2) problems*** MONTH ACTIVITY COST January 525 $6,250 February 750 8,600 March 800 9,200 April 550

***Use the following data to answer the next two (2) problems***

MONTH

ACTIVITY

COST

January

525

$6,250

February

750

8,600

March

800

9,200

April

550

6,750

May

1000H

10,000

June

700

8,000

July

600

8,000

August

500L

6,000

  1. Using the Semi-Averages method, what is the estimate of fixed costs?

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