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Supply costs at Lattea Corporation's chain of gyms are listed below: March April May June July August September October November Client-Visits 11,669 11,465 11,997 14,200
Supply costs at Lattea Corporation's chain of gyms are listed below: March April May June July August September October November Client-Visits 11,669 11,465 11,997 14,200 11,729 11,215 12,009 11,700 11,848 Supply Cost $28,583 $28,417 $28,841 $28,936 $28,644 $28,243 $28,842 $28,600 $28,725 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 would be closest to: (Round your Variable cost per unit to 2 decimal places.) O $0.23 per client-visit; $25,670 per month $0.27 per client-visit; $25,165 per month $1.92 per client-visit; $28,645 per month O $.81 per client-visit; $18,612 per month
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