Solution-Estimate the variable cost per seminar

Estimate the variable cost per seminar

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Reference no: EM133128466

Question - The Stephens Leadership Centre provides training seminars in personal development and time management. The company is relatively new and management is seeking information regarding the Centre's cost structure. The following information has been gathered since the inception of the business in January of the current year:

	Seminar offered	Costs incurred
January	10	$17,000
February	12	18,800
March	15	20,900
April	18	23,762
May	16	21,800
June	13	19,400

Required - Using the high-low method, estimate the variable cost per seminar and the total fixed cost per month.

Reference no: EM133128466

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Estimate the variable cost per seminar

Reference no: EM133128466

Reference no: EM133128466

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