Multiple Choice
ABC Co.manufactures pens.During the most productive month of the year, 3,650 pens were manufactured at a total cost of $84,550.During its slowest month, the company made 1,250 pens at a cost of $46,150.Calculate the total fixed cost using the high-low method of cost estimation.
A) $25,650
B) $28,300
C) $26,150
D) $27,800
Correct Answer:
Verified
Correct Answer:
Verified
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