Last one #24-25

24. Supply costs at Chobot Corporation's chain of gyms are lsted below: Cliont-Visits Supply Cost January February March 12,1 $26,842 $26,85 2,232 $26.675 12,507 $27,054| 12.52 S26.988 2,608 $27,064 26,585 $26.454 September! 11,944 $26,393 July 12,1 August 12 Management believes that supply cost is a mixed cost hat 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 o" to the nearest whole cent Then compute the food component, rounding o to the nearest whole doliar. Those estimates are closest to: A. $2.18 per client-visit; $26,745 per month B. $1.01 per client-visit; $14,330 per month C. $1.04 per client-visit; $13,949 per month D. $0.99 per client-visit $14,607 per month 25. Gabat Inc. is a merchandising company. Last month the company's merchandise purchases totaled $67,000. The company's beginning merchandise inventory was $19,000 and its ending merchandise inventory was $22,000. What was the company's cost of goods sold for the month? A $108,000 B. $67,000 C. $64,000 D. $70,000 13