The manager of the main laboratory facility at UrbanFit Center is interested in being able to predict the overhead costs each month for the lab. The manager believes that total overhead varies with the number of lab tests performed E that some costs remain the same each month regardless of the number of lab tests performed. The lab manager collected the following data for the first seven months of the year. (Click the icon to view the data.) Use the high-low method to determine the laboratory's cost equation for total laboratory overhead. Use your results to predict total laboratory overhead if 3,500 lab tests are performed next month. Let's begin by determining the formula that is used to calculate the variable cost (slope). Data table Variable cost (slope) Month Number of Lab Tests Performed Total Laboratory Overhead Costs January 2,800 $21,500 February 2,600 $22,700 March 3,100 $27,900 April. 3,550 $31,400 May 3,700 $28,500 June. 1,200 $19,500 July 1,400 $14,500 Print Done X

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A local picnic table manufacturer has budgeted these overhead costs - ERROR: "Handling materials" is $33,350 - (note their order as you will use the same order down below):   They are considering adapting ABC costing and have estimated the cost drivers for each pool as shown (again, note their order):   Recent success has yielded an order for 1,000 tables. Assume direct labor costs per hour of $20. Determine how much the job would cost given the following activities (once more, note their order for the last worksheet):   Using the following cost driver terms, complete the two worksheets below to:  Number of material moves Direct labor Manufacturing overhead Number of purchase orders Number of machine setups Number of inspections Direct materials Square feet occupied PLEASE NOTE: For activity levels, use commas as needed (i.e. 1,234). Activity rates are rounded to two decimal places and shown with "$" and commas as needed (i.e. $1,234.56). All other dollar amounts are rounded to…

Transmissions are delivered to the fabrication line four at a time. It takes one hour for transmissions to be delivered. Approximately five vehicles are produced each hour, and management has decided that 40 percent of expected demand should be maintained as safety stock. How many Kanban card sets are needed? (Round up your answer to the next whole number.) The Deming Cycle is: A. a checklist that enables managers to evaluate employee performance more systematically. B. a systematic method of evaluating potential facility locations. C. a process for finding potential quality errors before they occur. D. a process for using identical production steps in the creation of different types of products.