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What Are the Expected Average Quarterly Costs of Running a Consulting

question 179

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What are the expected average quarterly costs of running a consulting practice if fixed costs are expected to be $4,000 a month and variable costs are expected to be $100 per client for each quarter? Expected number of clients for the year are:  Jan-March  April-June  July-Sep  Oct-Dec 110140150100\begin{array} { | c | c | c | c | } \hline \text { Jan-March } & \text { April-June } & \text { July-Sep } & \text { Oct-Dec } \\\hline 110 & 140 & 150 & 100 \\\hline\end{array}

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Definitions:

Equation

An assertion that two expressions are equal, frequently involving one or more variables.

Find Slope

The process of determining the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Passing Through

A term used to indicate that a line or curve intersects or goes exactly through a specific point or points on a graph.

Depreciated Value

The reduced value of an asset over time due to wear and tear, obsolescence, or aging.

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