Prepare a column graph from the following table. Computer applications which produce charts can be used...
- Prepare a column graph from the following table. Computer applications which produce charts can be used if you prefer.
-
Month
Activity Level:
Patient - Days
January
5,600
February
7,100
March
5,000
April
6,000
May
7,300
June
8,000
July
6,200
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Prepare a column graph from the following table. Computer
applications which produce charts can be used...
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 Number of Appointments Total Cost January 500 $ 6,800 February 300 5,000 March 275 5,450 April 475 6,050 May 200 5,600 June 250 5,000 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...
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...
The controller of Gutierrez Industries has collected the following monthly expense data for use in analyzing...
The controller of Gutierrez Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs: Month Total Maintenance Costs Total Machine Hours January $2,750 3,500 February 3,000 4,000 March 3,600 6,000 April 4,500 7,900 May 3,200 5,000 June 5,000 8,000 (a) Determine the fixed and variable cost components using the high- low method. (b) Prepare a graph showing the behaviour of maintenance costs, and identify the fixed and variable cost elements. Use 2,000-hour...
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...
1.)DCH (see #2) has another client which pays a monthly retainer of $25,000 on the last...
1.)DCH (see #2) has another client which pays a monthly retainer of $25,000 on the last day of the month for services to be provided the following month. HelpMe Inc. paid the normal retainer from December through May. DCH provided services of $30,000 in January, $33,000 in February and $38,000 in March. Accordingly, in addition to the monthly retainer, HelpMe paid DCH, $5,000 in March, $8,000 in April and $13,000 in May. How much revenue should be recorded in each...
The Aust Corporation has gathered the following data on its copy machine costs for the first...
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E5-5 The controller of Hall Industries has collected the following monthly expense data for use in...
E5-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Determine fixed and variable costs using the high-lovw method and prepare graph. (LO 1, 2), AP Total Maintenance Costs $2,640 3,000 3,600 4,500 3,200 4,620 Total Machine Hours 3,500 4,000 6,000 7,900 5,000 8,000 Month January February March April May June (a) Determine the fixed- and variable-cost components using the high-low method.
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 Your answer is correct. Identify the high and low points. 7.300 The highest level of activity is The lowest number of activity is 71,000 and the highest total...
Required: 1-a. Prepare a scattergraph using the data given above. Plot cost on the vertical axis...
Required:
1-a. Prepare a scattergraph using the data given above. Plot
cost on the vertical axis and activity on the horizontal axis.
Instructions:
1. On the graph below, use the point tool (January) to
plot units shipped on the horizontal axis and the shipping expense
on the vertical axis.
2. Repeat the same process for the plotter tools
(February to July).
3. To enter exact coordinates, click on the point and
enter the values of x and y.
4. To...
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
1) Use least-squares regression to estimate cost behavior based
on this data.
a. The number of appointments explains about _________ of the
Total Cost. Fill in the blank.
b. What is your formula for predicting Total Cost?
c. What would Total Cost be if the company had 400 appointments
in July?
2). Which estimate of...
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...
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 Ca) Your answer is incorrect. Assuming the line intersects the y-axis at $500 and using the July activity levels what is the equation of the line that would...
E5-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Determine fixed and variable costs using the high-lovw method and prepare graph. (LO 1, 2), AP Total Maintenance Costs $2,640 3,000 3,600 4,500 3,200 4,620 Total Machine Hours 3,500 4,000 6,000 7,900 5,000 8,000 Month January February March April May June (a) Determine the fixed- and variable-cost components using the high-low method.
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 Your answer is correct. Identify the high and low points. 7.300 The highest level of activity is The lowest number of activity is 71,000 and the highest total...
Required:
1-a. Prepare a scattergraph using the data given above. Plot
cost on the vertical axis and activity on the horizontal axis.
Instructions:
1. On the graph below, use the point tool (January) to
plot units shipped on the horizontal axis and the shipping expense
on the vertical axis.
2. Repeat the same process for the plotter tools
(February to July).
3. To enter exact coordinates, click on the point and
enter the values of x and y.
4. To...
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
1) Use least-squares regression to estimate cost behavior based
on this data.
a. The number of appointments explains about _________ of the
Total Cost. Fill in the blank.
b. What is your formula for predicting Total Cost?
c. What would Total Cost be if the company had 400 appointments
in July?
2). Which estimate of...
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