Homework Answers
Variable cost per unit = ($6,600 - $5,300) / (475 - 150) = $4
Fixed cost = $6,600 - ($4 X 475) = $4,700
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Grades for Katie Snyder: DHM.3213.30638 Document2 aver Draw Design Layout References Mailings Review View SH alibri...
M5-8 Estimating Cost Behavior Using High-Low Method [LO 5-3] Sherri's Tan-O-Rama is a local tanning salon....
M5-8 Estimating Cost Behavior Using High-Low Method [LO 5-3] Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Month January February March April May June Number of Appointments 375 325 450 400 175 475 Total Cost 6,350 6,000 6,450 6,600 5,500 6,100 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost...
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and...
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Number of Appointments 300 375 Month January February March April May June Total Cost $6,050 7,000 6,400 5,600 5,800 5,350 450 250 325 275 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed...
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and...
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Month January February March April May June Number of Appointments 300 375 450 250 325 275 Total Cost $6,050 7,000 6,400 5,600 5,800 5,350 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed...
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Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and...
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Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and...
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High-Low Method Luisa Crimini has been operating a beauty shop in a college town for the...
High-Low Method Luisa Crimini has been operating a beauty shop in a college town for the past 10 years. Recently, Luisa rented space next to her shop and opened a tanning salon. She anticipated that the costs for the tanning service would primarily be fored, but found that tanning salon costs increased with the number of appointments. Costs for this service over the past months are as follows: Tanning Month Appointments Total Cost January 800 $1,752 February 2,100 $2,180 March...
High-Low Method Luisa Crimini has been operating a beauty shop in a college town for the...
High-Low Method Luisa Crimini has been operating a beauty shop in a college town for the past 10 years. Recently, Luisa rented space next to her shop and opened a tanning salon. She anticipated that the costs for the tanning service would primarily be fixed but found that tanning salon costs increased with the number of appointments. Costs for this service over the past eight months are as follows: Month Tanning Appointments Total Cost January 1,600 $1,754 February 2,000 2,140...
M5-8 Estimating Cost Behavior Using High-Low Method [LO 5-3] Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Month January February March April May June Number of Appointments 375 325 450 400 175 475 Total Cost 6,350 6,000 6,450 6,600 5,500 6,100 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost...
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Number of Appointments 300 375 Month January February March April May June Total Cost $6,050 7,000 6,400 5,600 5,800 5,350 450 250 325 275 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed...
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Month January February March April May June Number of Appointments 300 375 450 250 325 275 Total Cost $6,050 7,000 6,400 5,600 5,800 5,350 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed...
M5-10 (Algo) Estimating Cost Behavior Using High-Low Method (LO 5-3) Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Month January February March April Number of Appointments 300 250 Total Cost $6,150 5,500 6,600 5,500 6,850 6,300 325 200 425 May June 275 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable...
Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for the first half of the year: Total Cost $5,000 6,000 6,200 5,300 5,450 5,230 Number of Month January February March April May June 250 300 500 225 150 175 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment. (Round your "Variable Cost per Unit" answer to 2 decimal places and "Fixed Cost"...
S News M Gmail HW, Part 1 Check my work mode: This shows what is correct or incorrect for the work you have comple m . Sherri's Tan-O-Rama is a local tanning salon. The following information reflect half of the year: number of appointments and total costs for the first Number of Appointments February 56.050 5,600 Using the high-low method, calculate the total fixed cost per month and the variable cost per tanning appointment (Round your Variable Cost per Unit"...
AutoSave OF S U : Document2 sert Draw Design Layout References Mailings Review View Share Times New... 12 AA Aa A BIVX, X ADA Styles Styles Dictate Sens 21 Required information [The following information applies to the questions displayed below.) Odessa, Inc., manufactures one model of computer desk. The following data are a regarding units shipped and total shipping costs: ble Month Number of Units Shipped Total Shipping Cost January $3,100 February 3,700 March 2.550 April 3.900 1,850 1450 July...
High-Low Method Luisa Crimini has been operating a beauty shop in a college town for the past 10 years. Recently, Luisa rented space next to her shop and opened a tanning salon. She anticipated that the costs for the tanning service would primarily be fored, but found that tanning salon costs increased with the number of appointments. Costs for this service over the past months are as follows: Tanning Month Appointments Total Cost January 800 $1,752 February 2,100 $2,180 March...
High-Low Method Luisa Crimini has been operating a beauty shop in a college town for the past 10 years. Recently, Luisa rented space next to her shop and opened a tanning salon. She anticipated that the costs for the tanning service would primarily be fixed but found that tanning salon costs increased with the number of appointments. Costs for this service over the past eight months are as follows: Month Tanning Appointments Total Cost January 1,600 $1,754 February 2,000 2,140...
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