![ine months in Brendline EXERCISE 3-8 High-Low Method; Predicting Cost |L02] The number of blood tests performed and the relat](http://img.homeworklib.com/questions/048d43c0-7152-11ea-a5ba-f975a86b9dce.png?x-oss-process=image/resize,w_560)
Homework Answers
| Blood | cost | ||||
| Test | |||||
| High | 3,500 | 14,500 | |||
| low | -1,500 | -8,500 | |||
| total | 2,000 | 6,000 | |||
| Variable cost per unit | 6000/2000 | ||||
| 3 | |||||
| Fixed cost = | 14,500-3500*3 | ||||
| 4000 | |||||
| 1) | Cost Formula | ||||
| Y= | 4000 | + | 3x | ||
| 2) | total cost = 4000+2300*3 | ||||
| 10900 | |||||
Add Answer to:
ine months in Brendline EXERCISE 3-8 High-Low Method; Predicting Cost |L02] The number of blood tests...
The number of blood tests performed and the related costs over the last nine months in...
The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Month Blood Tests Performed Blood Test Costs January 5,115 $ 58,968 February 6,600 $ 73,640 March 4,565 $ 52,478 April 4,015 $ 46,440 May 4,175 $ 48,746 June 3,300 $ 39,320 July 3,875 $ 44,752 August 5,010 $ 56,890 September 5,045 $ 57,958 Required: 1. Using the high–low method, estimate...
The number of blood tests performed and the related costs over the last nine months in...
The number of blood tests performed and the related costs over the last nine months in Brentine Hospital are given below. 3 Month January February March April Blood Tests Performed 4,335 4,850 Blood Test Costs $ 28,382 $ 30,370 $ 25,929 $22.542 $ 23,606 $ 19,190 $ 21,534 $ 26,850 $ 29, 330 May June July August September 2,700 3,255 4.155 4,550 Required: 1. Using the high-low method, estimate the cost formula for blood tests. (Round cost per unit answer...
Check my wc The number of blood tests performed and the related costs over the last...
Check my wc The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Month January February March April May June July August September Blood Tests Performed 5,120 5.400 4,695 4,290 4,425 3,600 4,020 5,315 5,245 Blood Test Costs $ 67,900 $ 70,530 $ 61,932 $ 56,782 $ 59,041 $48.570 $53,212 $ 69,419 $ 69,025 Required: 1. Using the high-low method, estimate the cost formula for blood tests. (Round cost...
Multi Part Question. Please explain your answer -- The data below have been taken from the...
Multi Part Question. Please explain your answer
--
The data below have been taken from the cost records of the Halifax General Hospital. The data relate to the costs of admitting patients at various levels of patient activity: Month May June July August September October November December Number of Patients Admitted 3,600 3,800 2,900 3,200 3,300 2,600 2,200 3,500 Admitting Department Costs $ 29,400 $ 30,400 $ 27,400 $ 28,000 $ 28,600 $ 26, 200 $ 25,600 $ 29,200 Required:...
PROBLEM 3-17 High-Low Method; Predicting Cost [L01 Q. L02 01 Colby Limited is a manufacturing company...
PROBLEM 3-17 High-Low Method; Predicting Cost [L01 Q. L02 01 Colby Limited is a manufacturing company whose total factory overhead costs fluctuate somewhat from year to year, according to the number of machine-hours worked in its production facility. These costs at high and low levels of activity over recent years are given below: Level of Activity Low High Machine-hours 50,000 75,000 Total factory overhead costs $14,250,000 $17,625,000 Page 89 The factory overhead costs above consist of indirect materials, rent, and...
Exercise 3-6 Chapter 3 Cost Behaviour Analysis and Use r EXERCISE L Account Analysis Method (LOBI...
Exercise 3-6
Chapter 3 Cost Behaviour Analysis and Use r EXERCISE L Account Analysis Method (LOBI med manufactures des for industrial Most of their c aree ed costs. However, an a n alysis shows the following i s an Account Analysis Production supervision SOS fired 205 fired Sales staff wages ....... 705 fixed Quality control inspections 90 fixed "The 30% variable portion relates to sales commissions based on total sales **SOS of manufactured units are inspected each year 2016 Total...
Homework EXERCISE 2-14 High-Low Method; Predicting Cost The Lakeshore Hotel's guest-days of occupancy and custodial supplies...
Homework EXERCISE 2-14 High-Low Method; Predicting Cost The Lakeshore Hotel's guest-days of occupancy and custodial supplies expense over the last seven months were: Month March April May June July August September Guest Days of Occupancy 4,000 6.500 8,000 10,500 12,000 9,000 7,500 Custodial Supplies Expense $7,500 $8.250 $10,500 $12,000 $13,500 $10,750 $9.750 Guest-days is a measure of the overall activity at the hotel. For example, a guest who stays at the hotel for three days is counted as three guest-days....
Check my workCheck My Work button is now enabled1 Item 2 Item 2 10 points Item...
Check my workCheck My Work button is now enabled1 Item 2 Item 2 10 points Item Skipped The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Month Blood Tests Performed Blood Test Costs January 4,625 $ 81,516 February 7,750 $ 119,450 March 4,125 $ 74,504 April 3,680 $ 68,748 May 3,915 $ 72,178 June 3,000 $ 60,550 July 3,455 $ 65,688...
Exercise 2-12 Cost Behavior; High-Low Method [L02-3, LO2-4] Speedy Parcel Service operates a fleet of delivery...
Exercise 2-12 Cost Behavior; High-Low Method [L02-3, LO2-4] Speedy Parcel Service operates a fleet of delivery trucks in a large metropolitan area. A careful study by the company's cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. If a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. Required: 1.& 2.Using the high-low method, estimate...
NISE 3-5 High-Low Method; Predicting Cost [L01. L031 ashore Hotel's guest-days of occupancy and custodial supplies...
NISE 3-5 High-Low Method; Predicting Cost [L01. L031 ashore Hotel's guest-days of occupancy and custodial supplies expense over the last seven The Lakeshore Hotel's months were: Month Guest-Days of Occupancy Custodial Supplies Expense March April May ..... June ... July August .. September ..... 4,000 6,500 8,000 10,500 12,000 9,000 $7,500 $8,250 $10,500 $12,000 $13,500 $10,750 $9,750 7,500 Guest-days is a measure of the overall activity at the hotel. For example, a guest who stays at the hotel for three...
The number of blood tests performed and the related costs over the last nine months in Brentine Hospital are given below. 3 Month January February March April Blood Tests Performed 4,335 4,850 Blood Test Costs $ 28,382 $ 30,370 $ 25,929 $22.542 $ 23,606 $ 19,190 $ 21,534 $ 26,850 $ 29, 330 May June July August September 2,700 3,255 4.155 4,550 Required: 1. Using the high-low method, estimate the cost formula for blood tests. (Round cost per unit answer...
Check my wc The number of blood tests performed and the related costs over the last nine months in Brentline Hospital are given below: Month January February March April May June July August September Blood Tests Performed 5,120 5.400 4,695 4,290 4,425 3,600 4,020 5,315 5,245 Blood Test Costs $ 67,900 $ 70,530 $ 61,932 $ 56,782 $ 59,041 $48.570 $53,212 $ 69,419 $ 69,025 Required: 1. Using the high-low method, estimate the cost formula for blood tests. (Round cost...
Multi Part Question. Please explain your answer
--
The data below have been taken from the cost records of the Halifax General Hospital. The data relate to the costs of admitting patients at various levels of patient activity: Month May June July August September October November December Number of Patients Admitted 3,600 3,800 2,900 3,200 3,300 2,600 2,200 3,500 Admitting Department Costs $ 29,400 $ 30,400 $ 27,400 $ 28,000 $ 28,600 $ 26, 200 $ 25,600 $ 29,200 Required:...
PROBLEM 3-17 High-Low Method; Predicting Cost [L01 Q. L02 01 Colby Limited is a manufacturing company whose total factory overhead costs fluctuate somewhat from year to year, according to the number of machine-hours worked in its production facility. These costs at high and low levels of activity over recent years are given below: Level of Activity Low High Machine-hours 50,000 75,000 Total factory overhead costs $14,250,000 $17,625,000 Page 89 The factory overhead costs above consist of indirect materials, rent, and...
Exercise 3-6
Chapter 3 Cost Behaviour Analysis and Use r EXERCISE L Account Analysis Method (LOBI med manufactures des for industrial Most of their c aree ed costs. However, an a n alysis shows the following i s an Account Analysis Production supervision SOS fired 205 fired Sales staff wages ....... 705 fixed Quality control inspections 90 fixed "The 30% variable portion relates to sales commissions based on total sales **SOS of manufactured units are inspected each year 2016 Total...
Homework EXERCISE 2-14 High-Low Method; Predicting Cost The Lakeshore Hotel's guest-days of occupancy and custodial supplies expense over the last seven months were: Month March April May June July August September Guest Days of Occupancy 4,000 6.500 8,000 10,500 12,000 9,000 7,500 Custodial Supplies Expense $7,500 $8.250 $10,500 $12,000 $13,500 $10,750 $9.750 Guest-days is a measure of the overall activity at the hotel. For example, a guest who stays at the hotel for three days is counted as three guest-days....
Exercise 2-12 Cost Behavior; High-Low Method [L02-3, LO2-4] Speedy Parcel Service operates a fleet of delivery trucks in a large metropolitan area. A careful study by the company's cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. If a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. Required: 1.& 2.Using the high-low method, estimate...
NISE 3-5 High-Low Method; Predicting Cost [L01. L031 ashore Hotel's guest-days of occupancy and custodial supplies expense over the last seven The Lakeshore Hotel's months were: Month Guest-Days of Occupancy Custodial Supplies Expense March April May ..... June ... July August .. September ..... 4,000 6,500 8,000 10,500 12,000 9,000 $7,500 $8,250 $10,500 $12,000 $13,500 $10,750 $9,750 7,500 Guest-days is a measure of the overall activity at the hotel. For example, a guest who stays at the hotel for three...
Most questions answered within 3 hours.
-
A 2180-kg car is slowed down uniformly from 24.6 m/s to 5.2 m/s
in 3.32 s....
asked 2 minutes ago -
Jesse’s Machining is looking to buy a new machine to handle a
new four-year contract for...
asked 8 minutes ago -
5. A slide mount of a fungal specimen is prepared. A slide and
coverslip are flame-sterilized....
asked 10 minutes ago -
A parallel plate capacitor has a charge Q, plates of area A and
separation d, where...
asked 13 minutes ago -
This question goes along with my test results for a psychology
seminar. The results were the...
asked 13 minutes ago -
A calorimeter contains 35.0 mL of water at 13.0 ∘C . When 1.40 g
of X...
asked 18 minutes ago -
[The following information applies to the questions
displayed below.]
Arndt, Inc. reported the following for 2021...
asked 19 minutes ago -
Equivalent Units of Conversion Costs
The Rolling Department of Kraus Steel Company had 2,370 tons in...
asked 25 minutes ago -
Genetic differences between closely related species are due to
changes at both synonymous and nonsynonymous sites...
asked 31 minutes ago -
Assignment:
Implement an 8 bit register in VHDL/Verilog using Model Sim
software. Show two test cases...
asked 36 minutes ago -
Think about the published number of fatalities in the
September 11th disaster in New York. Why...
asked 33 minutes ago -
Suppose you are very allergic to peanuts or even grass, and you
go into anaphylactic shock....
asked 34 minutes ago