Jason Inc. provides the following manufacturing costs for the first four months of the year. Manufacturing Costs for the First Four Months Months Production in Units Total Costs January 2,500 $33,750 February 1,800 $29,900 March 3,000 $36,500 April 2,600 $34,300 Using the high-low method, determine the total fixed costs. (Round intermediate calculations to two decimal places, and the final calculation to the nearest dollar.) Group of answer choices $15,500 $20,000 $30,300 $16,500
Jason Inc. provides the following manufacturing costs for the first four months of the year. Manufacturing Costs for the First Four Months Months Production in Units Total Costs January 2,500 $33,750 February 1,800 $29,900 March 3,000 $36,500 April 2,600 $34,300 Using the high-low method, determine the total fixed costs. (Round intermediate calculations to two decimal places, and the final calculation to the nearest dollar.) Group of answer choices $15,500 $20,000 $30,300 $16,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Jason Inc. provides the following
| Months | Production in Units | Total Costs |
|---|---|---|
| January | 2,500 | $33,750 |
| February | 1,800 | $29,900 |
| March | 3,000 | $36,500 |
| April | 2,600 | $34,300 |
Using the high-low method, determine the total fixed costs.
(Round intermediate calculations to two decimal places, and the final calculation to the nearest dollar.)
Group of answer choices
$15,500
$20,000
$30,300
$16,500
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