Item	Cost ($)
Consultation materials	14,000
Consulting staff wages	125,000
Manager salary	92,000
Office rent	42,000

• Context: Elite Consulting Services is reviewing its annual costs associated with its clients. Assume costs for consultation materials and consulting staff are variable costs.
• Data from last year (95 clients): See table above.
• 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 115 clients will be served.