Item 8

Item 8

Total costs at a restaurant are listed below:

	Customers Served				Total Cost
March		11,660			$	28,377
April		11,456			$	28,309
May		11,988			$	28,485
June		13,300			$	28,918
July		11,720			$	28,397
August		11,206			$	28,227
September		12,000			$	28,489
October		11,691			$	28,387
November		11,839			$	28,436

The restaurant's total cost is a mixed cost that depends on customers served. The restaurant's management uses the high-low method to estimate the variable and fixed components of this cost. If the management believes that the restaurant will be able to serve 16,000 customers in December, the restaurant's estimated total cost for December is closest to: (Round your intermediate calculations to 2 decimal places.)