Gamach Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $104.50 per unit. Sales volume (units) 5,000 6,000Cost of sales$295,000 $354,000Selling and administrative costs$186,000 $202,800 The best estimate of the total monthly fixed cost is:
A. $481,000
B. $518,900
C. $556,800
D. $102,000
Answer: D
Business
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