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- Scatter Diagrams and High-Low Cost Estimation From April 1 through October 31, Coles County Highway Department hires temporary employees to mow and clean the right-of-way along county roads. The County Road Commissioner has asked you to help her in determining the variable labor cost of mowing and cleaning a mile of road. The following information is available regarding current-year operations: Miles Mowed Labor Month and Cleaned Costs April 240 S6,800 May 305 7,680 June 325 8,310 July 275 7,200 August 220 6,550 September 200 5,760 Оctober 75 4,960 Use the information from the high- and low-volume months to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 3,955 v + $ 13.4 v X Plot the data on a scatter diagram. Using the information from representative high- and low volume months, use the high-low method to develop a cost-estimating equation for monthly labor costs. Monthly labor costs - $ 9,181 x + $ 13.4 x x Adjust the equation developed in…Jony furniture store examines its inventory policy and considers using an economic order quantity (EOQ) approach. They have the following information about a table set: Annual demand Current order qu Carrying cost Order cost 3.920 sets 30 sets $80.00/set/year $200 a. What is the current total annual cost (TC) b. What is the economic order quantity (EOQ)? c. What is the total annual cost at the economic order quantity (EOQ)Tatal Fixed | Tatal Cast (TFC) Tatal Cast cast (TVC) (TC) Ouput AFC AVC ATC | MC Variable (TPP) 40 70 85 96 104 110 140 170 185 196 204 2 110 2 15 100 2. 100 100 4. 100 100 T00 6 7 100 15 100 120 220 TDO 100 j00 100 126 134 145 226 234 245 12. 100 100 260 280 13 180 14 is 306 2016 239 280 330 390 461 544 339 380 430 490 561 100 17 100 T00 18 19 20 100 100 644
- Iz01 @ uO 9:0 * ZAIN IQ l. A docs.google.com TU.4¬T IVU TO نقطتان Huawei Company produces mobile phones. Selling Price = $350/unit. Total Fixed expenses = $250,000 per month. Variable expenses $150 per unit. The B.E.P. in [Unit] is 1520 1052 1250 1255 ELä: An IT Proiect with MARR=10% If2. Tom borrowed Php500,000 from her parents to open a spa. He pays her parents a 5% yearly return on the money they lent her. Her other yearly fixed costs equal Php150,000 and his variable costs equal Php200,000. In her first year, Tom had a total of 2,000 customers at a price of Php300/customer. Tom's total fixed cost is 675000 – WRONG ANSAdditional Algo 10-18 Holding Costs Express Scripts has $2,023 million of inventory. Their holding cost is 31%. What is the total annual cost for carrying inventory at Express Scripts? (in $ million). Instruction: Round your answer to one decimal place. Total annual cost for carrying inventory million
- Which of the following related to Transfer payment? O Pocket money to children All the above о wear and tear cost Payment made to housewife NextTandem Bikes manufactures exercise bicycles built for two. It sells a cycle for $196 (custom painted in your color choice). The costs associated with Tandem's production are: Fixed costs (per year) Administrative labor $50000 Variable Costs per bike Materials $30 Mfg. Labor Assembly labor Packing material Packing labor Shipping cost ТОTAL Utilities 5000 24 Plant Overhead 65000 $120000 8 3 ТOTAL Note: this is $10000 per month. 10 $77 1. Find the monthly breakeven quantity using the above data. 2. Express monthly breakeven dollar sales (using the quantity calculated in #1). 3. The cost of utilities doubles (annual fixed costs are now $125000 which is $10416.67 per month). What is the new monthly breakeven quantity? 4. What is the Contribution Margin Ratio (CMR), using the costs used in #3? 5. You believe you can sell only 80 bikes a month. Using the costs from #3, what price must be charged per bike to break even selling only 80 bikes per month? 6. Using the original selling price of…Mc Donald's sells 1500 burgers per year. The cost to place an order for raw materials is RO 40. The cost of one burger is RO 0.600 and the carrying cost is 20% of the cost. Find the Economic Order Quantity. a. 1000 units b. 2000 units 1500 units Od. 800 units
- Costs (dollars per unit) $296 288 208 200 0 100 Rate of Output (units per time period) a. $80 b. $10,000 C. $9,600 d. $29,600 e. none of the above 120 MC AVC ATC Question 9 What is the total fixed cost in the figure above?What are the fixed cost and variable cost form th ebelow list? 3000 Bottles price 25782.62 years Website hosting 1201.28Stickers printing price 5723.45Shipment of stickers 2280Delivery Order charges 3793.32Customs duty 744Clearance 360Shipping documentation 413MPL charges 554.38Rent of warehouse 6500Wages 3000Raw Materials 4000Unit Selling priceCost Analysis A company manufactures fuel tanks for cars. The total weekly cost (in dollars) of producing X fuel tanks is given by.. C(x) = 10000 +90x - 0.05x² %3D Find the exact cost of producing the 501st item. (Round to the nearest 2 decimal places, if needed) HINT: Steps to fiınd actual or exact (cost/revenue/profit) 1. Find the cost of x = 5003B 2. Then find the cost of x = 501%3; 3. Then subtract ASUS 3 近
