10 points Save Answer Use Only the 2017 and 2018 financial data below to estimate...
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Accounting
10 points Save Answer Use Only the 2017 and 2018 financial data below to estimate the TOTAL FIXED COST of goods sold IN 2017. Round to the NEAR whole dollar. Use the Hi-Low Method but assume the estimated variable cost is $0.25 per sales dollar. Year 2016 2018 Total Revenue 000 7.424,000 ,000 2,265,000 Cost of Revenue 4.287,000 5,159,000 Gross Profit 10,000 395,000 431,000 Solling General and Administrative 3.017,000 2948,000 3,184,000 Total Operating Expenses
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