9

Supply costs Chobot Corporation's of gyms are listed below. Management beleves that supply cost is a mixed cost that depends on client visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. $0.49 per client visit; $22, 686 per month $0.45 per client visit; $23, 191 per month $2.14 per client visit; $28, 630 per month $1.03 per client visit; $16, 133 per month