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Supply Costs at Rupard Corporation's Chain of Gyms Are Listed

Question 19

Multiple Choice

Supply costs at Rupard Corporation's chain of gyms are listed below: Supply costs at Rupard Corporation's chain of gyms are listed below:   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: A)  $0.76 per client-visit; $18,152 per month B)  $1.31 per client-visit; $10,462 per month C)  $2.08 per client-visit; $28,489 per month D)  $0.77 per client-visit; $17,952 per month
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:


A) $0.76 per client-visit; $18,152 per month
B) $1.31 per client-visit; $10,462 per month
C) $2.08 per client-visit; $28,489 per month
D) $0.77 per client-visit; $17,952 per month

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