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Tan - O - Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half
TanORama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year:
Month Number of Appointments Total Cost
January $
February
March
April
May
June
Required:
Using the highlow method, calculate the total fixed cost per month and the variable cost per tanning appointment.
Note: Round your "Variable cost per unit" answer to decimal places and "Fixed cost" answer to the nearest dollar amount.
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