(Appendix 6A)The Stephens Leadership Centre Provides Training Seminars in Personal

(Appendix 6A)The Stephens 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:

Required:

a. Using the high-low method, estimate the variable cost per seminar and the total fixed cost per month.
b. Using the least-squares regression method and the equations for a and b, estimate the variable cost per seminar and the total fixed cost per month.