What was the fixed cost associated with the utilities bill

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Reference no: EM132742086

Problem 1: Our company has reviewed the utilities bills for our company. We have determined that the highest and lowest bills were $5,200 and $3,200 for the months of January and September. If we produced 1,000 and 600 units in these months, what was the fixed cost associated with the utilities bill?

a. $100.00

b. $200.00

c. $300.00

d. $400.00

Reference no: EM132742086

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