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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 of the year: Month
Tan-O-Rama 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 475 $ 6,600 February 150 5,300 March 375 6,800 April 300 6,050 May 350 5,950 June 250 5,500 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. Note: Round your "Variable cost per unit" answer to 2 decimal places and "Fixed cost" answer to the nearest dollar amount
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