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You have reviewed the utility bills for your company. You have determined that the highest and lowest bills were $6,200 and $4,100 for the months of December and July. If your company produced 850 and 400 units in these months, what was the fixed cost associated with the utility bill?

You have reviewed the utility bills for your company. You have determined that the highest and lowest bills were $6,200 and $4,100 for the months of December and July. If your company produced 850 and 400 units in these months, what was the fixed cost associated with the utility bill?

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 9PA: Fitbands estimated sales are: What are the balances in accounts receivable for January, February,...
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What was the fixed cost associated with the utility bill?

You have reviewed the utility bills for your company. You have determined that the highest and lowest bills were $6,200 and $4,100 for the months of December and July. If your company produced 850 and 400 units in these months, what was the fixed cost associated with the utility bill?
Transcribed Image Text:You have reviewed the utility bills for your company. You have determined that the highest and lowest bills were $6,200 and $4,100 for the months of December and July. If your company produced 850 and 400 units in these months, what was the fixed cost associated with the utility bill?
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