Question
Supply costs at Lattea Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,649 $28,563 April 11,445 $28,397 May 11,977 $28,821 June 12,200
Supply costs at Lattea Corporation's chain of gyms are listed below:
Client-Visits Supply Cost March 11,649 $28,563 April 11,445 $28,397 May 11,977 $28,821 June 12,200 $28,896 July 11,709 $28,624 August 11,195 $28,223 September 11,989 $28,822 October 11,680 $28,580 November 11,828 $28,705 Management believes that supply cost is a mixed cost that depends on client-visits. Using the high-low method to estimate the variable and fixed components of this cost, those estimates would be closest to:(Round your Variable cost per unit to 2 decimal places.)
$1.25 per client-visit; $13,664 per month | |
$0.67 per client-visit; $20,722 per month | |
$0.71 per client-visit; $20,217 per month | |
$2.36 per client-visit; $28,625 per month |
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