Supply costs at Lattea Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,668 $28,582 April 11,464 $28,416 May 11,996 $28,840 June 14,100 $28,934 July 11,728 $28,643 August 11,214 $28,242 September 12,008 $28,841 October 11,699 $28,599 November 11,847 $28,724 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 would be closest to:

Supply costs at Lattea Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,668 $28,582 April 11,464 $28,416 May 11,996 $28,840 June 14,100 $28,934 July 11,728 $28,643 August 11,214 $28,242 September 12,008 $28,841 October 11,699 $28,599 November 11,847 $28,724 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 would be closest to:

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 4BE: Activity-based costing: selling and administrative expenses Jungle Junior Company manufactures and...

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H1 . Account