Compton Corporation is a wholesale distributor of educational CD-ROMs. The company's records indicate the following:
Using the high-low method of analysis, what are the company's estimated total fixed selling and administrative expenses per year? (Round your intermediate calculations to 2 decimal places.)
A) $60,000
B) $174,000
C) $150,000
D) $162,000
Correct Answer:
Verified
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