fateon1
Jul 30, 2009, 12:22 PM
Production in 2005 for Dingy Daytona Dune Buggies was at its highest point in the month of July when 972 units were produced at a cost of $18,448. The low point in production was in January when only 155 units were produced at a cost of $10,667. The company is preparing a budget for 2006 and needs to project expected fixed cost for the budget year. Using the high/low method, calculate the amount of projected monthly fixed costs.