Action Trainers provides a personalized training program that is popular with many companies. The munber of programs offered over the last five months, and the costs of offering these programn are as follos Jan Feb Mar April May Promams Offered 55 45 60 Costs Incuned $15,400 14,050 18,000 14,700 19,000 50 75 Usang the high low method, compute the 1ranable cost per program and the 2 total fixed cost per month Uing the least squares regressicen method compune the 3 vanable cout pe program and the 4total fied cost per moeth
Action Trainers provides a personalized training program that is popular with many companies. The munber of programs offered over the last five months, and the costs of offering these programn are as follos Jan Feb Mar April May Promams Offered 55 45 60 Costs Incuned $15,400 14,050 18,000 14,700 19,000 50 75 Usang the high low method, compute the 1ranable cost per program and the 2 total fixed cost per month Uing the least squares regressicen method compune the 3 vanable cout pe program and the 4total fied cost per moeth
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 11EB: Able Transport operates a tour bus that they lease with terms that involve a fixed fee each month...
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![Action Trainers provides a personalized training program that is popular with many companies. The munber
of programs offered over the last five months, and the costs of offering these programn are as follos
Jan
Feb
Mar
April
May
Promams Offered
55
45
60
Costs Incuned
$15,400
14,050
18,000
14,700
19,000
50
75
Usang the high low method, compute the
1ranable cost per program and the
2 total fixed cost per month
Uing the least squares regressicen method compune the
3 vanable cout pe program and the
4total fied cost per moeth](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff43b7884-8319-4981-98b6-59ddd5e785d8%2F8ad02c14-fcfa-4e4f-a85d-6f4c6c899552%2Fswzil3a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Action Trainers provides a personalized training program that is popular with many companies. The munber
of programs offered over the last five months, and the costs of offering these programn are as follos
Jan
Feb
Mar
April
May
Promams Offered
55
45
60
Costs Incuned
$15,400
14,050
18,000
14,700
19,000
50
75
Usang the high low method, compute the
1ranable cost per program and the
2 total fixed cost per month
Uing the least squares regressicen method compune the
3 vanable cout pe program and the
4total fied cost per moeth
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