Strait Co. manufactures office furniture. During the most productive month of the year, 3,100 desks were manufactured at a total cost of $84,200. In the month of lowest production, the company made 1,230 desks at a cost of $57,800. Using the high-low method of cost estimation, total fixed costs are Round your intermediate calculations to two decimal places. Oa. $57,800 Ob. $40,428 Oc. $26,400 Od. $84,200

Managerial Accounting
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ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
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Chapter6: Cost-volume-profit Analysis
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Strait Co. manufactures office furniture. During the most productive month of the year, 3,100 desks were manufactured at a total cost of
$84,200. In the month of lowest production, the company made 1,230 desks at a cost of $57,800. Using the high-low method of cost
estimation, total fixed costs are
Round your intermediate calculations to two decimal places.
Oa. $57,800
Ob. $40,428
Oc. $26,400
Od. $84,200
C
G
Transcribed Image Text:Strait Co. manufactures office furniture. During the most productive month of the year, 3,100 desks were manufactured at a total cost of $84,200. In the month of lowest production, the company made 1,230 desks at a cost of $57,800. Using the high-low method of cost estimation, total fixed costs are Round your intermediate calculations to two decimal places. Oa. $57,800 Ob. $40,428 Oc. $26,400 Od. $84,200 C G
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