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Supply costs at Coulthard Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,658 $ 28,395 April 11,454 $ 28,321 May 11,986 $
Supply costs at Coulthard Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,658 $ 28,395 April 11,454 $ 28,321 May 11,986 $ 28,513 June 13,100 $ 28,914 July 11,718 $ 28,416 August 11,204 $ 28,231 September 11,998 $ 28,517 October 11,689 $ 28,406 November 11,837 $ 28,459 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
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