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.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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