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Northern Lights, Inc., has collected the following cost data for various levels of activity: Month Clients Served Total Cost April 2,850 $ 38,400 May 2,500
Northern Lights, Inc., has collected the following cost data for various levels of activity: |
Month | Clients Served | Total Cost | |
April | 2,850 | $ | 38,400 |
May | 2,500 | $ | 32,700 |
June | 1,850 | $ | 27,900 |
July | 2,250 | $ | 30,000 |
Using the high-low method, determine the variable cost per client served and the total fixed cost. (Round variable cost to 2 decimal places. Omit the "$" sign in your response.) |
Variable cost | $ | per client |
Total fixed cost | $ | per month |
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