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TB MC Qu. 6A-21 Supply costs at Coulthard Corporation's chain... Supply costs at Coulthard Corporation's chain of gyms are listed below: March April May June
TB MC Qu. 6A-21 Supply costs at Coulthard Corporation's chain... Supply costs at Coulthard Corporation's chain of gyms are listed below: March April May June July August September October November Client-Visits Supply Cost 11,671 $28, 340 11,467 $28,295 11,999 $28, 412 14,400 $28,940 11,731 $ 28, 353 11,217 $ 28, 240 12,011 11,702 $28, 346 11,850 $ 28, 379 $28,414 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.) Multiple Choice O $1.91 per client-visit: $28,354 per month o $.80 per client visit: $18,714 per month 0 $0.26 per client-visit: $25,267 per month d S0.22 per client-visit: $25,772 per month
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