Required information [The following information applies to the questions displayed below.) Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts, participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer: Number of Cost to Run Camp $8,630 11,740 Week 1 2 3 4 5 6 7 Campers 94 140 108 120 118 100 90 124 8,830 9,400 9,010 8,610. 8,680 9,590 Required: 4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child. 5. Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session. Complete this question by entering your answers in the tabs below. Required 4 Required 5 Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session. Note: Round your intermediate calculations and final answer to 2 decimal places. Expected Cost 8,680.00
Required information [The following information applies to the questions displayed below.) Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July. Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts, participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children. The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer: Number of Cost to Run Camp $8,630 11,740 Week 1 2 3 4 5 6 7 Campers 94 140 108 120 118 100 90 124 8,830 9,400 9,010 8,610. 8,680 9,590 Required: 4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child. 5. Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session. Complete this question by entering your answers in the tabs below. Required 4 Required 5 Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session. Note: Round your intermediate calculations and final answer to 2 decimal places. Expected Cost 8,680.00
Chapter6: Business Expenses
Section: Chapter Questions
Problem 39P
Related questions
Question
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.)
Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July.
Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during
the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts,
participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble
toys for local underprivileged children.
The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can
accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site
regardless of the number of campers enrolled.
Following is the cost information for Camp Rainbow's operations last summer:
Number of Cost to Run
Camp
$ 8,630
Week
1
2
3
4
5
Campers
94
140
108
120 a
118
100
90
124
11,740
8.830
9,400
9,010
8,610
8,680
9,590
Required:
4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child.
5. Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session.
Complete this question by entering your answers in the tabs below.
Required 4 Required S
Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session.
Note: Round your intermediate calculations and final answer to 2 decimal places.
Expected Cost
S 8,680.00
< Required 4
![Required information
[The following information applies to the questions displayed below.]
Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July.
Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during
the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts,
participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble
toys for local underprivileged children.
The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can
accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site
regardless of the number of campers enrolled.
Following is the cost information for Camp Rainbow's operations last summer:
Week
1
2
3
4
5
6
7
8
Number of Cost to Run
Camp
$8,630
Campers
94
140
108
120.
118
100
90
124
11,740
8,830
9,400
9,010
8,610
8,680
9,590
Required:
4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child.
5. Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Fixed Cost
Variable Cost per Child
Required 4 Required 5
Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child.
Note: Round your intermediate calculations and "Variable Cost per unit" to 2 decimal places.
$
61.20
8.61
Required 4
Required 5 >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb9eb052b-0c42-425f-80d7-ea5c1f6fa7cb%2F2f28a6db-5a3a-4dd1-8c8d-aef13930ff4f%2Fnrcwflx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Camp Rainbow offers overnight summer camp programs for children ages 10 to 14 every summer during June and July.
Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during
the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp, participants make crafts,
participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble
toys for local underprivileged children.
The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can
accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-site
regardless of the number of campers enrolled.
Following is the cost information for Camp Rainbow's operations last summer:
Week
1
2
3
4
5
6
7
8
Number of Cost to Run
Camp
$8,630
Campers
94
140
108
120.
118
100
90
124
11,740
8,830
9,400
9,010
8,610
8,680
9,590
Required:
4. Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child.
5. Using the high-low method results, calculate the camp's expected operating cost if 90 children attend a session.
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Fixed Cost
Variable Cost per Child
Required 4 Required 5
Using the high-low method, calculate Camp Rainbow's total fixed operating costs and variable operating cost per child.
Note: Round your intermediate calculations and "Variable Cost per unit" to 2 decimal places.
$
61.20
8.61
Required 4
Required 5 >
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