The Following Data Has Been Assembled for Tiger Company The Total Fixed Cost Is ____

question 148

Multiple Choice

The following data has been assembled for Tiger Company.Use the high-low method. $$\begin{array}{l}\text { Cost }& \text { Hours } \\\$ 24,400 & 2,000 \\39,000 & 2,200 \\35,280 & 2,750 \\36,400 & 3,500 \\44,160 & 3,900\end{array}$$ The total fixed cost is ____.

• A)$26,672
• B)$21,360
• C)$10,112
• D)$3,600

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Definitions:

Approach Method

A strategy used to initially engage with a potential client, setting the tone for the sales process.

Salespeople

Individuals who sell products or services to customers, often tasked with meeting sales targets and building customer relationships.

Rephrasing Question

The act of rewording a question to clarify its meaning or to elicit a more detailed response.

Sales Process

A sequential series of actions by the salesperson that leads toward the prospect taking a desired action and ends with a follow-up to ensure purchase satisfaction.