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Strait Co.-manufactures office furniture. During the most productive month of the year, 3,400 desks were...

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Accounting

Strait Co.-manufactures office furniture. During the most productive month of the year, 3,400 desks were manufactured at a total cost of $82,500. In the month of lowest production, the company made 1,160 desks at a cost of $63,200. Using the high-low method of cost estimation, total fixed costs are
Round your intermediate calculations to two decimal places.
a. $82,500
b. $53,192
c. $63,200
d. $19,300
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