Randall Sports has collected the following information over the las six months.
Month Units produced Total costs
March 10,000 $25,600
April 12,000 26,200
May 18,000 27,600
June 13,000 26,450
July 12,000 26,000
August 15,000 26,500
Using the high-low method, what is the total fixed cost?
a) $23,100
b) $1,000
c) $5,600
d) $4,500