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Mountain Trekking Adventures is reviewing its operational costs related to the number of trekking tours. Data Provided: Spring: Total Costs: $30,000, Tours: 10 Autumn: Total
- Mountain Trekking Adventures is reviewing its operational costs related to the number of trekking tours.
- Data Provided:
- Spring: Total Costs: $30,000, Tours: 10
- Autumn: Total Costs: $50,000, Tours: 20
- Tasks:
- Apply the High-Low Method to determine the variable cost per tour and fixed costs.
- Develop a cost equation.
- Predict the total costs for 25 trekking tours.
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