Manley Co manufactures office furniture. During the most productive month of the year, 4,500 desks were manufactured at a total cost of $86,625. In its slowest month, the company made 1,800 desks at a cost of $49,500. Using the high-low method of cost estimation, total fixed costs are:
A) $61,875
B) $33,875
C) $24,750
D) cannot be determined from the data given
C
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