Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN: 9781305970663
Author: Don R. Hansen, Maryanne M. Mowen
Publisher: Cengage Learning
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Transcribed Image Text:Ingram Co. manufactures office furniture. During the most productive
month of the year, 3,552 desks were manufactured at a total cost of
$83,771. In its slowest month, the company made 1,243 desks at a
cost of $38,679.
Using the high-low method of cost estimation determine total fixed
?
costs are
A. $14,405
B. $83,771
C. $38,679
D. $45,092
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