Williams Inc. produces fluorescent lightbulbs for commercial use. The accounting manager is attempting to estimate the total cost for the next quarter using the high-low method. He has compiled data and found the high and low costs are $65,000 and $38,500, respectively, and the associated cost drivers are 8,600 and 3,300 packs, respectively. He has also determined the variable cost to be $5.00 per pack. What is the value for a (the fixed quantity)?

Fixed quantity