Glatt Inc, an Escrow Agent, Has Provided the Following Data Concerning

Multiple Choice

Glatt Inc., an escrow agent, has provided the following data concerning its office expenses:
Management believes that office expense is a mixed cost that depends on the number of escrows completed. Note: Real estate purchases usually involve the services of an escrow agent that holds funds and prepares documents to complete the transaction.
-Using the high-low method,the estimate of the fixed component of office expense per month is closest to:

A) $6,692
B) $8,064
C) $7,376
D) $7,720