Supply costs at Coulthard Corporation's chain of gyms are listed below: Client- Supply Visits Cost 11,662 11,458 11,990 13,500 11,722 11, 208 12,002 11,693 March $ 28,371 $ 28,309 $ 28,469 $ 28,922 $ 28,389 $ 28,234 $ 28,473 $ 28,380 April May June July August September October Novomber 11 0 1 20 134

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Supply costs at Coulthard Corporation's chain of gyms are listed below:
Client-
Supply
Cost
Visits
$ 28,371
$ 28,309
$ 28,469
$ 28,922
$ 28,389
$ 28,234
$ 28,473
$ 28,380
$ 28,424
March
11,662
11,458
11,990
13,500
11,722
11,208
12,002
11,693
11,841
April
May
June
July
August
September
October
November
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
$1.99 per client-visit; $28,390 per month
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Transcribed Image Text:A ezto.mheducation.com Costs At Coulthard Corporat... .. Connect Student Home How To Avoid COVID-19.. 17e i www.etour.com Saved Finding remote destinations... Supply costs at Coulthard Corporation's chain of gyms are listed below: Client- Supply Cost Visits $ 28,371 $ 28,309 $ 28,469 $ 28,922 $ 28,389 $ 28,234 $ 28,473 $ 28,380 $ 28,424 March 11,662 11,458 11,990 13,500 11,722 11,208 12,002 11,693 11,841 April May June July August September October November 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 $1.99 per client-visit; $28,390 per month < Prev 18 of 57 Next >
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