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Using the high-low method calculate the total fixed cost

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Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year

  Month Number of Appointments Total Cost
  January
225  

$ 5,350
  February
350


5,800
  March
275


5,450
  April
200


5,750
  May
400


6,500
  June
300


5,950

Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed Cost" answer to the nearest dollar amount.)


Variable Cost Per Unit                               
Fixed Costs

Reference no: EM13578213

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