Problem - Executive Training, Inc. provides a personal development seminar that is popular with many companies. The number of seminars offered over the last six months along with the total costs of offering these seminars appear below:
Month Costs Incurred Seminars Offered
January $15,400 55
February 14,000 45
March 18,000 60
April 14,700 50
May 19,400 75
June 16,500 58
Executive Training, Inc. expects to offer 68 seminars during July.
Using the high-low method, calculate Executive Training's total expected seminar costs for July. Do not use decimals in your answer.