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 $3,042       15,473       April 2,687       9,834       May 2,869       11,801       June 3,639       17,923       a.$0.55 b.$0.59 c.$1.29 d.$0.12

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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 to the nearest cent. Machine Hours March April May June Oa. $0.15 Ob. $1.02 Oc. $0.98 Od. $1.75 Cost $3,007 2,696 2,803 3,778 14,577 10,259 11,668 17,667

Cullumber Company has the following information available for September 2020. Unit selling price of video game consoles   $490 Unit variable costs   $294 Total fixed costs   $92,120 Units sold   600     Compute the unit contribution margin. Unit contribution margin   enter the unit contribution margin     Prepare a CVP income statement that shows both total and per unit amounts. CULLUMBER COMPANYCVP Income StatementFor the Month Ended September 30, 2020     Total   Per Unit select an income statement item                                                                       Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs   $enter a dollar amount    $enter a dollar amount  select an income statement item                                                                       Administrative ExpensesContribution MarginCost of Goods…

A tile manufacturer has supplied the following data: Boxes of tiles produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income a. b. $ $ What is the company's unit contribution margin? $0.86 per unit $2.35 per unit $4.10 per unit $1.75 per unit C. d. 520,000 2,132,000 650,000 $ 464,000 $ 260,000 $ 312,000 $ 446,000

Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow:   Month Machine Hours Electricity Costs January 2,500 $ 18,400   February 2,900   21,000   March 1,900   13,500   April 3,100   23,000   May 3,800   28,250   June 3,300   22,000   July 4,100   24,750   August 3,500   22,750   September 2,000   15,500   October 3,700   26,000   November 4,700   31,000   December 4,200   27,750        Summary Output Regression Statistics Multiple R 0.965 R Square 0.932 Adjusted R2 0.925 Standard Error 1,425.18 Observations 12.00     Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 3,726.88 1,682.82 2.21 0.05 (22.69) 7,476.45 Machine Hours 5.77 0.49 11.7 0.00 4.67 6.87   The percent of the total variance that can be explained by the regression is:…

The following data pertain to activity and utilities costs for two recent years: Activity Level in Units Utilities Cost Multiple Choice 5075 per unit $1.50 per unit Using the high-low method, what is the variable cost per unit for utilities? $125 per unit Year 2 $133 per unit 12,000 $15,000 Year 1 8,000 $12,000