In Applying the High-Low Method, What Is the Fixed Cost

Multiple Choice

In applying the high-low method, what is the fixed cost? $\begin{array}{llr}\text { Month}&\text { Miles }&\text {Total Cost }\\\hline \text { January } & \overline{80,000} & \$ 144,000 \\\text { February } & 50,000 & 120,000 \\\text { March } & 70,000 & 141,000 \\\text { April } & 90,000 & 195,000\end{array}$

A) $26,250
B) $54,000
C) $21,000
D) $75,000