Question

Anderson Urgent Care provides the following data regarding the most recent six months of operations. Month...

Anderson Urgent Care provides the following data regarding the most recent six months of operations.

Month Number of patient visits Total costs
January 449 $23,100
February 479 $27,700
March 403 $21,200
April 487 $25,700
May 456 $24,100
June 387 $21,400



Use the high-low method to compute the fixed cost component. (Round to the nearest whole dollar, e.g., $123.)

$4,300

$6,500

$459

$4,759

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