Strait Co. manufactures office furniture. During the most productive month of the year, 3,800 desks were manufactured at a tota cost of $84,300. In the month of lowest production, the company made 1,240 desks at a cost of $56,500. Using the high-low method of cost estimation, total fixed costs are Round your intermediate calculations to two decimal places. O a. $56,500 Ob. $43,032 O c. $27,800 O d. $84,300

Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.

Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing …

Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In compari…