Western Valley Motel tracks utility expenses. February shows: electricity $980, water $445, gas $375, waste removal $220. Display the total utility cost.
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- Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,093 14,645 April 2,668 10,463 May 2,846 11,922 June 3,779 18,072 a.$0.15 b.$0.98 c.$1.61 d.$1.02Jakes Cabins is a small motel chain with locations near the national parks of Utah, Wyoming, and Montana. The chain has a total of 500 guest rooms. The following operating data are available for June: a. Determine the guest nights for June. b. Determine the available room nights for June. c. Determine the occupancy rate for June. d. Assume that the occupancy rate for June of the prior year was 82%. Has the utilization rate for Jakes Cabins improved or declined?Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,142 15,489 April 2,691 10,041 May 2,810 11,509 4 June 3,881 18,009 a. $0.15 b. $1.05 O c. $1.64 Od. $1.01 10:21 PM 670002 K 63°F
- D2. AccountD8.The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 1,100 $ 6,650 February 2,000 $ 7,300 March 2,800 $ 10,100 April 800 $ 4,500 Using the high-low method, the estimated total fixed cost for utilities is:
- An air-conditioning system is installed in a building under construction. Thebill for installation is the cost of the parts plus overhead plus sales tax. Theoverhead is 75% of the cost of the parts. The parts cost $3,500. The sales taxis 4% of the cost of parts plus overhead.a. Find the cost of the overhead.b. Find the sales tax.c. Find the total amount of the bill.Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay $150 per night. Data for the past 7 months are as follows: January February March April May June July Number of rooms cleaned 250 160 200 150 270 170 260 Cleaning cost $6,450 $4,060 $5,100 $4,100 $6,880 $4,200 $6,530 How much are estimated monthly variable costs using the high-low method? Round to two decimal places.Using the high-low method Mark, owns a machine shop. In reviewing the shop’s utility bills for the past 12 months, he found that the highest bill of $2,600 occurred in August when the machines worked 1,200 machine hours. The lowest utility bill of $2,300 occurred in December when the machines worked 600 machine hours. Requirements Use the high—low method to calculate the variable cost per machine hour and the total fixed utility cost. Show the equation for determining the total utility cost for the machine shop. If Mark anticipates using 800 machine hours in January, predict the shop’s total utility bill using the equation from Requirement 2.
- A company is planning to manufacture rocking chairs. The fixed cost is $40,000 and the cost pre rocking chair is $80. Each rocking chair will be sold for $180. In the space below, type in the formula for the revenue function, R(x), from the sale of x rocking chairs.Please Give Me Answer of this QuestionTownhall Corp. has provided the following data for its utility cost: Prior Current Year Year 8,000 10,000 Machine hours Utility cost $26,600 $31,000 Utility cost is a mixed cost with variable and fixed components. The fixed and variable components of utility cost are closest to: (Round your intermediate calculations to 2 decimal places.) A
