Question
The Silver Leadership Centre provides training seminars in personal development and time management. The company is relatively new and management is seeking information regarding the
The Silver Leadership Centre provides training seminars in personal development and time management. The company is relatively new and management is seeking information regarding the Centre's cost structure. The following information has been gathered since the inception of the business in January of the current year:
Costs incurred Seminars offered
January. 10. $17,000
February. 12. 18,800
March. 15. 20,900
April. 19. 23,800
May. 18. 24,000
June. 13. 19,400
Required:
Using the high-low method, estimate the variable cost per seminar and the total fixed cost per month.
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Behind Closed Doors What Company Audit Is Really About
Authors: V. Beattie, R. Brandt, S. Fearnley
2001 Edition
0333747844, 978-0333747841
