The following information is given for Crimson Co.:

Production
(units) Total Cost

June 2,000 $50,000
July 3,000 57,000
August 2,500 52,000
September 3,500 67,500
October 4,800 78,000

Determine the fixed cost.
a. $25,000
b. $35,000
c. $30,000
d. $40,000


Answer: c. $30,000

Mathematics

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