Production in 2013 for California Manufacturing, a producer of high security bank vaults, was at its highest
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Production in 2013 for California Manufacturing, a producer of high security bank vaults, was at its highest point in the month of June when 37 units were produced at a total cost of $570,000. The lowest point in production was in January when only 12 units were produced at a cost of $338,000. The company is preparing a budget for 2013 and needs to project expected fixed cost for the budget year. Using the high /low method, the projected amount of fixed cost per month is:
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