Business, 18.02.2020 02:29 dbag1162

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: (Round your Variable cost per unit to 2 decimal places.)

$2.00 per client-visit; $28,637 per month

$.89 per client-visit; $17,708 per month

$0.35 per client-visit; $24,261 per month

$0.31 per client-visit; $24,766 per month

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Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low...

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