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

question 20

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

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Definitions:

Satisfied Customers

Customers who have their needs and expectations met or exceeded by a company's products or services, which often leads to repeat business and positive word-of-mouth.

Bottom-line Profits

The net income a company earns after all expenses and taxes have been deducted from total revenue.

Organization Chart

A diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.

Fishbone Diagram

A visual tool used for systematic problem analysis, also known as the Ishikawa diagram, it helps identify, explore, and display the possible causes of a specific problem.