Anthony Company's highest point of total cost was $75,000 in June. Their point of lowest cost was
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Question:
Anthony Company's highest point of total cost was $75,000 in June. Their point of lowest cost was $50,000 in December. The company makes a single product. Production volume in June and December were 13,000 and 8,000 units, respectively.
What is the fixed cost per month?
A) $50,000
B) $20,000
C) $10,000
D) $8,000
Related Book For
Managerial Accounting
ISBN: 978-0078111006
14th edition
Authors: Ray Garrison, Eric Noreen and Peter Brewer
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