Supply costs at Lattea Corporation's chain of gyms are listed below: Supply Cost $28,561 $28,395 March. April. May June. July. August.. September. October November.. Client-Visits 11,647 11,443 11,975 12,088 11,707 11,193 11,987 11,678 11,826 $28,819 $28,892 $28,622 $28,221 $28,820 $28,578 $28,703 Management believes that supply cost is a mixed cost that depends on client-visits. Using the high-low method to estimate the variable and fixed components of this cost, those estimates would be closest to: O $2.44 per client-visit; $28,623 per month O $1.33 per client-visit; $12,768 per month O $0.79 per client-visit; $19,321 per month O $0.75 per client-visit; $19,826 per month

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20.  Andrew, marketing clerk for Shine Agency, recorded the following information for last year:   Month Number of Customers Customer Service Costs January 356 $ 527,233   February 417   544,335   March 338   482,655   April 526   668,050   May 400   530,500   June 457   656,910   July 366   543,770   August 495   680,400   September 345   487,230   October 531   712,325   November 443   629,030   December 415   542,000       He would like to be able to estimate customer service costs using the number of customers as the basis for estimation. However, because he has never taken a course in managerial accounting, he does not know how to set up a cost equation. He has therefore approached you for help.   Required: 1. Set up a cost equation for monthly customer service costs using the high–low method.

Please Correct answer With Explanation And Do not Give solution in image format

Sugar Magnolia Company operates a cafeteria for its employees. The number of meals served each week over the last seven weeks, along with the total costs of operating the cafeteria are given below:   Meals Served Cafeteria Costs Week 1 1,625 $5,080 Week 2 1,325 $3,980 Week 3 1,550 $4,940 Week 4 1,400 $4,700 Week 5 1,650 $5,100 Week 6 1,800 $5,380 Week 7 1,975 $5,540 Week 8 2,000 $5,640    Assume that the relevant range includes all of the activity levels mentioned in this problem.  Using the high-low method: the variable cost per meal served in the cafeteria would be estimated to be: $_____________________________  b.)  the estimated fixed cost per week is: $______________________________

Shipping costs for fish that is ordered by the restaurant are a mixed cost with variable and fixed cost components. Records indicate the Fish Company shipped 7,200 tons of halibut for $6,000 in May and 8,200 tons for $6,800 in June. What would be the expected shipping cost for shipping 8,000?     $6,440     $9,750     $6,640     $6,200

The following cost data pertain to the operations of Quinonez Department Stores, Incorporated, for the month of September.   Corporate headquarters building lease $ 78,000 Cosmetics Department sales commissions-Northridge Store $ 5,270 Corporate legal office salaries $ 66,500 Store manager's salary-Northridge Store $ 12,200 Heating-Northridge Store $ 20,400 Cosmetics Department cost of sales-Northridge Store $ 39,100 Central warehouse lease cost $ 9,800 Store security-Northridge Store $ 16,200 Cosmetics Department manager's salary-Northridge Store $ 4,310   The Northridge Store is just one of many stores owned and operated by the company. The Cosmetics Department is one of many departments at the Northridge Store. The central warehouse serves all of the company's stores.   What is the total amount of the costs listed above that are direct costs of the Cosmetics Department?

Supply costs at Coulthard Corporation's chain of gyms are listed below:     Client-Visits Supply Cost March 12,855 $ 23,598 April 12,283 $ 23,278 May 13,104 $ 23,742 June 12,850 $ 23,607 July 12,493 $ 23,415 August 12,794 $ 23,562 September 12,686 $ 23,496 October 12,765 $ 23,541 November 13,018 $ 23,687   Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to: (Round your intermediate calculations to 2 decimal places.)   Multiple Choice   $1.85 per client-visit; $23,547 per month   $1.77 per client-visit; $557 per month   $0.57 per client-visit; $16,273 per month   $0.55 per client-visit; $16,579 per month

Bakeryco sells cakes and croissants.  Its only constraint is total employee work hours of 300 per week.  SFco would like to order 1240 croissants and pay $5.30 each for them.  Given the information below, should Bakeryco take SFco’s order?   Cakes Croissants Usual Price $32 $6.50 VC $18.50 $1.95 Time required to make 90 minutes 3 minutes Current sales volume 123 per week 2,120 per week

A quality control activity analysis indicated the following four activity costs of a hotel. Verifying credit card information $40,000 Customer service training 20,000 Discounting room rates due to poor customer service 16,000 Correcting charges to customer invoices 8,000 Total $84,000   Sales are $750,000 for the year. Prepare a cost of quality report. Round your answers to one decimal place, if necessary. Due to rounding there may be difference of 0.1     Cost of Quality Report   Quality CostClassification Quality Cost Percent of TotalQuality Cost Percent ofTotal Sales Prevention $fill in the blank 1   fill in the blank 2 %     fill in the blank 3 %     Appraisal  fill in the blank 4   fill in the blank 5       fill in the blank 6       Internal failure  fill in the blank 7   fill in the blank 8       fill in the blank 9       External failure  fill in the blank 10   fill in the blank 11       fill in the blank 12           Totals $fill in the blank 13…