Bayshore, Inc., has collected the following cost data for various levels of activity: Month Clients Served Total
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Question:
Bayshore, Inc., has collected the following cost data for various levels of activity: |
Month | Clients Served | Total Cost | |
April | 2,150 | $ | 35,200 |
May | 1,800 | $ | 31,300 |
June | 1,150 | $ | 24,100 |
July | 1,150 | $ | 26,800 |
Using the high-low method, determine the variable cost per client served and the total fixed cost. (Round your variable cost to 2 decimal places.
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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