Strait Co. manufactures office furniture. During the most productive month of the year, 3,700 desks were manufactured at a total cost of $82,400. In the month of lowest production the company made 1,200 desks at a cost of $65,000. Using the high-low method of cost estimation, total fixed costs are
a.$17,400
b.$65,000
c.$56,648
d.$82,400
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