Strait Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of $82,700. In the month of lowest production the company made 1,240 desks at a cost of $63,300. Using the high-low method of cost estimation, total fixed costs are a. $82,700 b. $19,400 c. $52,670 d. $63,300
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Home » Business » Strait Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of $82,700. In the month of lowest production the company made 1,240 desks at a cost of $63,300.