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Exercise 4-6 Blue Theater Company is interested in estimating fixed and variable costs. The following data are available: Month January February March April May No.

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Exercise 4-6 Blue Theater Company is interested in estimating fixed and variable costs. The following data are available: Month January February March April May No. of Tickets Sold 17.900 21,800 25,200 28,300 32,400 24,200 37.100 18.000 23,300 26,200 23.100 31.700 Cost $215,040 246,140 273,240 275,140 268,440 253.540 305,280 231.880 244,680 263,180 252,780 269,680 June July August September October November December (bx of tickets) Use the high-low method to estimate fixed cost per month and variable costs per ticket sold (.e., estimate a and b in the equation Costa 15.25 and other answer to O decimal places, e.g. 125.) = of tickets sold Blue Theater Company is considering an advertising campaign that is expected to increase annual sales by 15.100 tickets. Assume that the ticket selling price i associated with the advertising campaign? Increase in profit

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