Question: What is the total fixed cost using the High-Low Method if the variable cost per unit was 55 cents? Labour hours Repair Expense 1,400 $1,500

What is the total fixed cost using the High-Low Method if the variable cost per unit was 55 cents?

Labour hours Repair Expense
1,400 $1,500
1,000 $1,300
500 $750

Select one:

A.

$475

B.

$750

C.

$754

D.

$730

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