Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 12 Aug 2017 My Price 8.00

Lattea Corporation

Supply costs at Lattea Corporation's chain of gyms are listed below:

  Client-Visits Supply Cost
March 11,649 $28,563
April 11,445 $28,397
May 11,977 $28,821
June 12,200 $28,896
July 11,709 $28,624
August 11,195 $28,223
September 11,989 $28,822
October 11,680 $28,580
November 11,828 $28,705

 

Management believes that supply cost is a mixed cost that depends on client-visits. Using the high-low method to estimate the variable and fixed components of this cost, those estimates would be closest to:(Round your Variable cost per unit to 2 decimal places.)
  $1.25 per client-visit; $13,664 per month
  $0.67 per client-visit; $20,722 per month
  $0.71 per client-visit; $20,217 per month
  $2.36 per client-visit; $28,625 per month

 

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Aug 2017 01:08 AM My Price 8.00

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