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2 points M5-10 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its
2 points M5-10 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: 01:08:22 Month January eBook February Number of Appointments 375 325 Total Cost $6,350 6,000 450 400 175 June 475 5,450 6,600 5,500 6,100 PTI March April May Print Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed Cost" answer to the nearest dollar amount.) References Variable Cost per Unit Fixed Cost
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