In Applying the High-Low Method, What Is the Fixed Cost

question 1

Multiple Choice

In applying the high-low method, what is the fixed cost? $\begin{array}{llr}\text { Month}&\text { Miles }&\text {Total Cost }\\\hline \text { January } & \overline{80,000} & \$ 144,000 \\\text { February } & 50,000 & 120,000 \\\text { March } & 70,000 & 141,000 \\\text { April } & 90,000 & 195,000\end{array}$

• A)$26,250
• B)$54,000
• C)$21,000
• D)$75,000

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Financially Weak

Refers to a state where a company or an individual has poor financial health, often indicated by low liquidity, high debt, or difficulty in generating income.

Dividend Payments

Cash or other forms of payments made by a corporation to its shareholders, typically out of the company’s earnings.

Corporate Distributions

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