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Dollarwise Trainers Provides a Personalized Training Program That Is Popular

Question 82

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Dollarwise Trainers provides a personalized training program that is popular with many companies.The number of programs offered over the last five months,and the costs of offering these programs are as follows:

   Programs Offered  Costs Incurred
Jan   55  $15,400
 Feb  45  14,050
 Mar  60  18,000
 April  50  14,700
 May  75  19,000
a. Using the hig-low inethod compute the varuable cost per progam. and the total fixed cost per imonth.
b.Using the least squares regression method compute the variable cost per progran and the total fixed cost per month

Correct Answer:

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a.
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b.
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a.
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Change in costs $19,00...

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