Kasandra associates provides executive coaching services to

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Kasandra Associates provides executive coaching services to Fortune 100 senior executives. Her team charges $190 per hour to provide coaching when firms prepay for 20 sessions. The following table shows Kasandra Associates' total number of hours of coaching provided per month and the firm's costs per month for the past year:


Client Hours

Cost

January

                  190

          100,060

February

                  170

            97,100

March

                  200

          101,620

April

                  211

          102,024

May

                  235

          104,024

June

                  285

          109,060

July

                  310

          111,450

August

                  240

          108,840

September

                  219

          102,360

October

                  185

            99,400

November

                  175

            98,000

December

                  180

            98,580

Required:

1) Use the high-low method to estimate fixed and variable costs using the y=a + bx formula.

Reference no: EM13638907

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