Costs for Last Year (110 clients)	Amount ($)
Advertising supplies	21,000
Advertising staff wages	155,000
Manager salary	100,000
Building rent	54,000

• Context: Elite Advertising needs to estimate annual costs associated with its clients. Assume costs for advertising supplies and staff are variable costs.
• Required:
  • a. Use account analysis to estimate total fixed costs per year and the variable cost per unit. Provide the cost equation in the form Y = f + vX.
  • b. Estimate the total costs for next year assuming 130 clients will be served.