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ESOURCES C14 Exercise 46 Blue Theater Company is interested in estimating fixed and variable costs. The following data are available tion 10 Month January February
ESOURCES C14 Exercise 46 Blue Theater Company is interested in estimating fixed and variable costs. The following data are available tion 10 Month January February March April May June Cost $215,040 246.140 273,240 275,140 268,440 253,540 305,260 231.880 244.680 263.189 252.780 269.680 No. of Tickets Sold 17.900 21.000 25.200 28.300 32.400 24,200 37.100 18.000 23.300 26.200 23.100 31.700 August September October November December per ticket sold U t imate and b in the equation Conta bx of tickets) using the high-low me Use the high-low method to estimate fixed cost per month and variable 15.25 and other answer to o decimal places, eg: 125. Cost - annual sales by 15.100 tickets. Assume that the ticket selling price is 529. Ignoring the co Blue Theater Company considering an advertising campaign that is expected to associated with the advertising campaign Increase in profit
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