Using the High-Low Method and the Information Below,compute the Monthly

question 119

Multiple Choice

Using the high-low method and the information below,compute the monthly total fixed costs for Coral Corporation.

• A)$8,000
• B)$2,420
• C)$5,500
• D)$5,580

---

Definitions:

Monetary Costs

The financial expenses incurred in the production of a good or service, including raw materials, labor, and other expenditures that can be measured in monetary terms.

Lost Options

Alternatives forgone when a decision is made, often considered in opportunity cost analysis.

Computer Monitors

Display devices used by computers to visually output information such as text, images, and videos.

Opportunity Cost

The consequence of forfeiting potential gains in other options by deciding on one.