Based on the Following Information, Calculate Fixed Costs Per Month

question 17

Multiple Choice

Based on the following information, calculate fixed costs per month using the high-low method. ? $$\begin{array} { l c c } & \text { Cost } & \text { Machine Hours } \\\text { May } & \$ 56,000 & 22,000 \\\text { June } & 76,000 & 32,000 \\\text { July } & 58,000 & 26,000 \\\text { August } & 66,000 & 24,000\end{array}$$

• A) $12,000
• B) $11,000
• C) $10,000
• D) $9,000

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Definitions:

Moral Boundaries

Ethical limits or distinctions made within societies to differentiate between acceptable and unacceptable behavior or actions.

Public Nature

Refers to the characteristics of spaces, resources, or properties that are open for use by everyone in the community and managed on behalf of the public good.

White-Collar Crimes

Are illegal acts committed by respectable, high-status persons in the course of their work.

Class

A system of categorizing society into groups based on socioeconomic status, sharing similar levels of wealth, educational attainment, and occupation.