Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Executive Training, Inc. provides a personal development seminar that is popular with many companies. The number of seminars offered over the last six months along

Executive Training, Inc. provides a personal development seminar that is popular with many companies. The number of seminars offered over the last six months along with the total costs of offering these seminars appear below: 
Month Costs Incurred Seminars Offered January $15,400 55 February 14,000 45 March 18,000 60 April 14,700 50 May 19,400 75 June 16,500 58 
Executive Training, Inc. expects to offer 69 seminars during July. 
Using the high-low method, calculate Executive Training's total expected seminar costs for July. Do not use decimals in your answer. 

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Audit The Process Based QMS

Authors: Dennis R. Arter, Charles A. Cianfrani, Jack West

1st Edition

0873895770, 978-0873895774

More Books

Students also viewed these Accounting questions