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Presented Below Is the Production Data for Six Months of the Year

Question 103

Multiple Choice

Presented below is the production data for six months of the year showing the mixed costs incurred by Kennedy Company.
 Month  Cost  Units  July $6,0004,000 August $10,2506,500 September $10,5008,000 October $12,70010,500 November $14,00012,000 December $10,8509,000\begin{array}{lll}\text { Month }&\text { Cost }&\text { Units }\\\text { July } & \$ 6,000 & 4,000 \\\text { August } & \$ 10,250 & 6,500 \\\text { September } & \$ 10,500 & 8,000 \\\text { October } & \$ 12,700 & 10,500 \\\text { November } & \$ 14,000 & 12,000 \\\text { December } & \$ 10,850 & 9,000\end{array}
Kennedy Company uses the high-low method to analyze mixed costs.The total fixed cost is ________.


A) $2,000
B) $4,500
C) $10,417
D) $10,500

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