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TechX Support, an IT support firm, is examining its support costs related to the number of clients served. Data Provided: Month 1: Total Costs: $40,000,

    • TechX Support, an IT support firm, is examining its support costs related to the number of clients served.
    • Data Provided:
      • Month 1: Total Costs: $40,000, Clients Served: 200
      • Month 12: Total Costs: $60,000, Clients Served: 300
    • Tasks:
      • Apply the High-Low Method to calculate the variable cost per client served and fixed costs.
      • Develop a cost equation.
      • Predict the total costs for serving 400 clients.
      • Discuss strategies for managing support costs as the client base grows.

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