Homework Answers
| a | ||
| Total Variable copy cost | 1500 | =3500-2000 |
| Divide by Number of copies | 40000 | |
| Unit Variable cost | 0.0375 | |
| y = $ 0.0375 /copy + $ 2000 |
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Number of Copies 40,000 35,000 Month January February March April May June July August 60,000 80,000...
Assuming the line intersects the y-axis at $2,000 and using the January activity levels what is...
Assuming the line intersects the y-axis at $2,000 and using the
January activity levels what is the equation of the line that would
be drawn for a scattergraph. (Round variable cost to 4 decimal
places, e.g. 15.2513 and fixed cost to 0 decimal places, e.g
1526.)
y= $_____/copy+$____
Month January February March April Number of Copies 40,000 35,000 60,000 80,000 85,000 75,000 82,000 105,000 Total Copy Cost $3,500 $3,200 $ 4,100 $ 5,100 $ 5,600 $ 4,800 $5,300 $ 6,000...
Using the high-low method, what is the fixed cost per month? Tool Content January February March...
Using the high-low method, what is the fixed cost per month?
Tool Content January February March April May June July August Number of Copies 40,000 35,000 60,000 80,000 85,000 75,000 82,000 105,000 Total Copy Cost $3,500 $3,200 $ 4,100 $ 5,100 $ 5,600 $ 4,800 $5,300 $ 6,000
The Aust Corporation has gathered the following data on its copy machine costs for the first...
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Number of Copies Total Copy Cost January 40,000 $ 3,500 February 35,000 $ 3,200 March 60,000 $ 4,100 April 80,000 $ 5,100 May 85,000 $ 5,600 June 75,000 $ 4,800 July 82,000 $ 5,300 August 105,000 $ 6,000 (a) Assuming the line intersects the y-axis at $2,000 and using the January activity levels what is the equation of...
The Aust Corporation has gathered the following data on its copy machine costs for the first...
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Number of Copies Total Copy Cost January 40,000 $ 3,500 February 35,000 $ 3,200 March 60,000 $ 4,100 April 80,000 $ 5,100 May 85,000 $ 5,600 June 75,000 $ 4,800 July 82,000 $ 5,300 August 105,000 $ 6,000 Using the high-low method, what is the variable cost per copy? (Round answer to 2 decimal places, e.g. 15.25.) Variable...
The Aust Corporation has gathered the following data on its copy machine costs for the first...
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Number of Copies Total Copy Cost January 40,000 $ 3,500 February 35,000 $ 3,200 March 60,000 $ 4,100 April 80,000 $ 5,100 May 85,000 $ 5,600 June 75,000 $ 4,800 July 82,000 $ 5,300 August 105,000 $ 6,000 Using the high-low method, what is the fixed cost per month? Fixed cost $
please answer A - E! Thank you! 2-20 Scattergraph; high-low method; cost estimation (LO 2) The...
please answer A - E! Thank you!
2-20 Scattergraph; high-low method; cost estimation (LO 2) The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Number of Copies Total Copy Cost January 40,000 $3,500 February 35,000 $3,200 March 60,000 $4,100 April 80,000 $5,100 May 85,000 $5,600 June 75,000 $4,800 July 82,000 $5,300 August 105,000 $6,000 Required a. Prepare a scattergraph of the cost information and then choose a...
The Aust Corporation has gathered the following data on its copy machine costs for the first...
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. + Month January February March April May June July August Number of Copies 46,000 42,000 58,000 64,000 57.000 62.000 68,000 71,000 Total Copy Cost $4,600 $4,400 $5,300 $6,300 $5,000 $5,800 $6,500 $7.300 (a) of 5 0.65/5 June July August 62,000 68,000 71,000 $5,800 $6,500 $7,300 (a) Your answer is partially correct. Assuming the line intersects the y-axis at $500...
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September...
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September October November December Electrical Costs $ 10,234 $10,052 $11,605 $ 6,825 $ 2,380 $ 6,860 $ 11,060 $11,100 $ 7,602 $ 3,605 $ 4,634 $ 8,974 4,040 4,080 2,240 1,030 1,460 2,700 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost...
Use the following information to answer the questions. Month January February March April May June July...
Use the following information to answer the questions. Month January February March April May June July August September October November December Rental Days 3,240 3,060 1,150 2,260 4,310 1,270 3,410 640 1,310 3,760 1,330 2,570 Utility Costs $ 8,622 $ 8,228 $ 3,910 $ 7,684 $ 10,984 $ 4,318 $ 9,418 $ 2,176 $ 4,454 $ 9,738 $ 4,522 $ 7,868 Required: 1. Using the high-low method, estimate the fixed cost of utilities per month and the variable cost of...
AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12...
AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12 1 November34 December 21 14 2 January26 15 2 February10 13 1 162 March 17 2 April 18 2 May 14 19 17 14 27 30 222 September25 June 21 2 23 2 25 27 3 29 3 August...
Assuming the line intersects the y-axis at $2,000 and using the
January activity levels what is the equation of the line that would
be drawn for a scattergraph. (Round variable cost to 4 decimal
places, e.g. 15.2513 and fixed cost to 0 decimal places, e.g
1526.)
y= $_____/copy+$____
Month January February March April Number of Copies 40,000 35,000 60,000 80,000 85,000 75,000 82,000 105,000 Total Copy Cost $3,500 $3,200 $ 4,100 $ 5,100 $ 5,600 $ 4,800 $5,300 $ 6,000...
Using the high-low method, what is the fixed cost per month?
Tool Content January February March April May June July August Number of Copies 40,000 35,000 60,000 80,000 85,000 75,000 82,000 105,000 Total Copy Cost $3,500 $3,200 $ 4,100 $ 5,100 $ 5,600 $ 4,800 $5,300 $ 6,000
please answer A - E! Thank you!
2-20 Scattergraph; high-low method; cost estimation (LO 2) The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month Number of Copies Total Copy Cost January 40,000 $3,500 February 35,000 $3,200 March 60,000 $4,100 April 80,000 $5,100 May 85,000 $5,600 June 75,000 $4,800 July 82,000 $5,300 August 105,000 $6,000 Required a. Prepare a scattergraph of the cost information and then choose a...
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. + Month January February March April May June July August Number of Copies 46,000 42,000 58,000 64,000 57.000 62.000 68,000 71,000 Total Copy Cost $4,600 $4,400 $5,300 $6,300 $5,000 $5,800 $6,500 $7.300 (a) of 5 0.65/5 June July August 62,000 68,000 71,000 $5,800 $6,500 $7,300 (a) Your answer is partially correct. Assuming the line intersects the y-axis at $500...
Occupancy-Days 3,400 280 Nm 0 0 Month January February March April May June July August September October November December Electrical Costs $ 10,234 $10,052 $11,605 $ 6,825 $ 2,380 $ 6,860 $ 11,060 $11,100 $ 7,602 $ 3,605 $ 4,634 $ 8,974 4,040 4,080 2,240 1,030 1,460 2,700 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost...
Use the following information to answer the questions. Month January February March April May June July August September October November December Rental Days 3,240 3,060 1,150 2,260 4,310 1,270 3,410 640 1,310 3,760 1,330 2,570 Utility Costs $ 8,622 $ 8,228 $ 3,910 $ 7,684 $ 10,984 $ 4,318 $ 9,418 $ 2,176 $ 4,454 $ 9,738 $ 4,522 $ 7,868 Required: 1. Using the high-low method, estimate the fixed cost of utilities per month and the variable cost of...
AutoSaveff File Home InsertPage Layout Formulas Da D1 1 Year Month 2 1 13 17 1 January February 15 4 1 March 511 April 6 1 May 12 32 15 June 1 July 91 August 17 101 September33 15 October 12 1 November34 December 21 14 2 January26 15 2 February10 13 1 162 March 17 2 April 18 2 May 14 19 17 14 27 30 222 September25 June 21 2 23 2 25 27 3 29 3 August...
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