Question 4
Cox Automotive gave the following information:
Units Sold Total Cost
January 11,000 $91,300
February 12,000 $102,000
March 15,500 $125,550
April 16,000 $134,400
May 18,500 $152,625
Calculate the amount of fixed costs to be used in budgeting.
$93,462
$8.18
$1,357
$7.79