9. Strait Co. manufactures office furniture. During the most productive month of the year, 3,200...
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Accounting
9. Strait Co. manufactures office furniture. During the most productive month of the year, 3,200 desks were manufactured at a total cost of $84,400. In the month of lowest production the company made 1,120 desks at a cost of $55,200. Using the high-low method of cost estimation, total fixed costs are
a.$55,200
b.$39,472
c.$84,400
d.$29,200
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