The following information is available for a company's cost of sales over the last five months. Using the high-low method,the estimated total fixed cost is:
A)$25,000.
B)$30,000.
C)$13,692.
D)$100,000.
E)$50,000.

Question

The following information is available for a company's cost of sales over the last five months.  Using the high-low method,the estimated total fixed cost is:
A)$25,000. 
B)$30,000. 
C)$13,692. 
D)$100,000. 
E)$50,000.

Quizplus · Accepted Answer

The Answer of The following information is available for a company's cost of sales over the last five months.  Using the high-low method,the estimated total fixed cost is:
A)$25,000. 
B)$30,000. 
C)$13,692. 
D)$100,000. 
E)$50,000.

The Following Information Is Available for a Company's Cost of Sales