Gambarini Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $197.80 per unit. The best estimate of the total monthly fixed cost is:
A)$541,800
B)$1,192,100
C)$1,099,200
D)$1,145,650

Question

Gambarini Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $197.80 per unit.  The best estimate of the total monthly fixed cost is:
A)$541,800 
B)$1,192,100 
C)$1,099,200 
D)$1,145,650

Quizplus · Accepted Answer

The Answer of Gambarini Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $197.80 per unit.  The best estimate of the total monthly fixed cost is:
A)$541,800 
B)$1,192,100 
C)$1,099,200 
D)$1,145,650

Gambarini Corporation Is a Wholesaler That Sells a Single Product