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Witherell Musum of Technology (WMT) provides the following data on the costs of maintenance and the number of visitors for the last four quarters:
Witherell Musum of Technology (WMT) provides the following data on the costs of maintenance and the number of visitors for the last four quarters: Number of Visitors per Quarter 12,975 15,856 14,249 16,825 Required: Quarterly Staffing Costa $ 405,150 461,800 426,150 465,210 a. Use the high-low method to estimate the fixed cost of quarterly staffing and the staffing cost per visitor. b. The museum expects a record 22,700 visitors next quarter because several new conventions have been scheduled. What would be the estimated staffing costs? Complete this question by entering your answers in the tabs below. Required A Required B Use the high-low method to estimate the fixed cost of quarterly staffing and the staffing cost per visitor. Note: Round "Variable cost answer to 2 decimal places. Variable cost per visitor Quarterly fixed cost a. Use the high-low method to estimate the fixed cost of quarterly staffing and the staffing cost per visitor. b. The museum expects a record 22,700 visitors next quarter because several new conventions have been scheduled. What would be the estimated staffing costs? Complete this question by entering your answers in the tabs below. Required A Required B The museum expects a record 22,700 visitors next quarter, because several new conventions have been scheduled. What would be the estimated staffing costs? Note: Round "Variable cost" to 2 decimal places. Estimated staffing costs < Required A Required B>
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