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Presented Below Is the Production Data for Six Months of the Year

question 103

Multiple Choice

Presented below is the production data for six months of the year showing the mixed costs incurred by Kennedy Company.
 Month  Cost  Units  July $6,0004,000 August $10,2506,500 September $10,5008,000 October $12,70010,500 November $14,00012,000 December $10,8509,000\begin{array}{lll}\text { Month }&\text { Cost }&\text { Units }\\\text { July } & \$ 6,000 & 4,000 \\\text { August } & \$ 10,250 & 6,500 \\\text { September } & \$ 10,500 & 8,000 \\\text { October } & \$ 12,700 & 10,500 \\\text { November } & \$ 14,000 & 12,000 \\\text { December } & \$ 10,850 & 9,000\end{array}
Kennedy Company uses the high-low method to analyze mixed costs.The total fixed cost is ________.


Definitions:

Palate

The roof of the mouth, separating the oral and nasal cavities, which is involved in taste, speech, and swallowing.

Roof

The upper covering of a building, providing protection from weather conditions such as rain or snow.

Vitamins

Organic compounds essential to human health that must be obtained from the diet because they are not synthesized by the body in sufficient amounts.

Regulating Chemicals

Substances used to control or adjust processes in the body or in industrial practices.

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