A company reports the following information: Using the high-low method, the estimated total fixed cost is: Multiple Choice $3,900. $2,300. $3,420. Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Belle Company's product is sold for $83 per unit. Variable selling and administrative expense is $2 per unit and fixed selling and administrative is $350,000 per year. Compute the net income under absorption costing. Multiple Choice $239,200