The following records are the operational results of two extreme months of the HFT Enterprise. (If...
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The following records are the operational results of two extreme months of the HFT Enterprise. (If the data shows broken on your screen, please use Zoom-in/out function to have it displayed correctly. Or you also may need to expand it to the full-screen mode.) Month 1 Month 2 Customer Count 9,000 customers 12,000 customers Revenues $630,000 $840,000 Variable Costs $220,500 $294,000 Mixed Costs $239,000 $302,000 Fixed Costs $100,000 $100,000 Using the High-Low Two Point Method, divide the Mixed Costs into the VC & FC involved in the MC. With the new result of this business's cost structure answer the following questions: Determine the total amount of the Variable Cost if this business serves 10,000 customers. Provide your answer to the nearest dollar. (Do not put "$" or "," in your answer. Just put the number. If you answer is $1,000.50 then put 1001). The following records are the operational results of two extreme months of the HFT Enterprise. (If the data shows broken on your screen, please use Zoom-in/out function to have it displayed correctly. Or you also may need to expand it to the full-screen mode.) Month 1 Month 2 Customer Count 9,000 customers 12,000 customers Revenues $630,000 $840,000 Variable Costs $220,500 $294,000 Mixed Costs $239,000 $302,000 Fixed Costs $100,000 $100,000 Using the High-Low Two Point Method, divide the Mixed Costs into the VC & FC involved in the MC. With the new result of this business's cost structure answer the following questions: Determine the total amount of the Variable Cost if this business serves 10,000 customers. Provide your answer to the nearest dollar. (Do not put "$" or "," in your answer. Just put the number. If you answer is $1,000.50 then put 1001).
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