Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. The best estimate of the total monthly fixed manufacturing cost is:
A)$388,000
B)$954,800
C)$376,000
D)$328,000

Question

Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.  The best estimate of the total monthly fixed manufacturing cost is:
A)$388,000 
B)$954,800 
C)$376,000 
D)$328,000

Quizplus · Accepted Answer

The Answer of Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product.  The best estimate of the total monthly fixed manufacturing cost is:
A)$388,000 
B)$954,800 
C)$376,000 
D)$328,000

Anderson Corporation Has Provided the Following Production and Average Cost