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Total costs at a restaurant are listed below: Total Cost March April May June July August September October November Customers Served 11,653 11,449 11,981 12,600
Total costs at a restaurant are listed below: Total Cost March April May June July August September October November Customers Served 11,653 11,449 11,981 12,600 11,713 11,199 11,993 11,684 11,832 $ 28,449 $ 28,352 $ 28,607 $ 28,904 $ 28,478 $ 28,232 $ 28,613 $ 28,464 $ 28,535 The restaurant's total cost is a mixed cost that depends on customers served. The restaurant's management uses the high-low method to estimate the variable and fixed components of this cost. If the management believes that the restaurant will be able to serve 16,000 customers in December, the restaurant's estimated total cost for December is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $63,199 O $32,758 $30,536 $30,671
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