The following information is available for a companys cost of sales over

Question

The following information is available for a company's cost of sales over the last five months.

Month	Units sold	Cost of sales
January	400	$31,000
February	800	$37,000
March	1,600	$49,000
April	2,400	$61,000

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

Answer

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