Needs to project expected fixed cost for the budget

Reference no: EM133542141

Question: Production in 2019 for Steve's Boats was at its highest point in the month of June when 60 units were produced at a total cost of $800,000. The low point in production was in January when only 20 units were produced at a cost of $450,000. The company is preparing a budget for 2020 and needs to project expected fixed cost for the budget year. Using the high/low method, the projected amount of fixed cost per month

Reference no: EM133542141

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