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Determine the total fixed costs

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Reference no: EM133013261

Problem - Strait Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of $82,200. In the month of lowest production, the company made 1,150 desks at a cost of $62,400. Using the high-low method of cost estimation, determine the total fixed costs?

Reference no: EM133013261

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