The ABC Co company manufactures ballpoint pens. During the most productive month of the year manufactured 3,650 pens at a total cost of $84,550. During the slowest month of production, the company made 1,250 pens at a cost of $46,150. a. Calculate the total fixed cost using the cost estimation method. high-low cost method.
The ABC Co company manufactures ballpoint pens. During the most productive month of the year manufactured 3,650 pens at a total cost of $84,550. During the slowest month of production, the company made 1,250 pens at a cost of $46,150. a. Calculate the total fixed cost using the cost estimation method. high-low cost method.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The ABC Co
company
manufactures
ballpoint pens.
During the most
productive month of
the year
manufactured 3,650
pens at a total cost of
$84,550. During the
slowest month of
production, the
company made 1,250
pens at a cost of
$46,150.
a. Calculate the total
fixed cost using the
cost estimation
method.
high-low cost
method.
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