• FitnessPro Gyms wants to understand its operating costs related to the number of gym memberships.
• Data Provided:
  • Month 1: Total Costs: $25,000, Memberships: 500
  • Month 12: Total Costs: $40,000, Memberships: 800
• Tasks:
  • Apply the High-Low Method to calculate the variable cost per membership and fixed costs.
  • Develop a cost equation.
  • Predict the total costs for 1,000 memberships.
  • Discuss the cost implications of offering discounted memberships to increase enrollment.