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Supply costs at Coulthard Corporation's chain of gyms are listed below: March April May June July August September October November client-Visits 11,672 11,468 12,000 14,500

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Supply costs at Coulthard Corporation's chain of gyms are listed below: March April May June July August September October November client-Visits 11,672 11,468 12,000 14,500 11,732 11,218 12,012 11,703 11,851 Supply Cost $ 28,348 $ 28,305 $ 28, 417 $ 28,942 $ 28, 361 $ 28, 253 $ 28,420 $ 28, 355 $ 28, 386 Management believes 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. Those estimates are closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $0.21 per client-visit. $25.897 per month

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