The Stephens Leadership Center provides training seminars in personal development and time management.The company is relatively new and management is seeking information regarding the Center'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 method,estimate the variable cost per seminar and the total fixed cost per month.
Definitions:
International Assignments
Work duties or projects that require employees to relocate or travel abroad, typically for extended periods, for their employer.
Technical Job Assignments
Work tasks that require specific technical skills and expertise, often related to information technology, engineering, or other specialized fields.
Job Rotation Assignments
A human resources strategy where employees rotate between multiple positions to learn different tasks and gain varied experiences.
Dispositional Attribution
The tendency to attribute people's behaviors to their inherent traits, personality, or dispositions rather than to external factors.
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