Zarena was reviewing the water bill for her dog day care and spa and determined that her highest bill, $3,800, occurred in May when she washed 400 dogs and her lowest bill, $2,400, occurred in November when she washed 200 dogs. What was the variable cost per dog associated with Zarena's water bill? A) $6.00 B) $12.00 C) $9.50 D) $7.00

Tracy is unsure how much to charge for the cupcakes.  When she was making the cupcakes by herself and only rented a small storefront that was only open on weekends, she calculated the cost per cupcake based on the cost of ingredients and she added 50% to that cost to cover all of her other expenses.  She is not sure if that was accurate. Tracy has asked you to help her determine the cost per cupcake.  She has given you her estimated total for each expense. She does not know how to allocate her overhead costs.  She also knows that some of her costs are product costs and some are period costs.  She has given you a list of costs and needs you to, first, determine which costs are period costs and which costs are product costs and, secondly, determine which are direct materials, direct labor, and factory overhead.  She believes that the best cost driver for the factory overhead costs to be the number of cupcakes baked and sold. Your assignment is to calculate the cost per cupcake and…

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Skittles Pet store provides a dog wash service. Its highest and lowest bills of $3800 and $2400 were incurred in the months of May and November, respectively. If 500 dogs were washed in May and 100 dogs were washed in November what was the fixed cost associated with the company's water bill? (Round any intermediate calculations. to the nearest cent and your final answer to the nearest dollar.) O $3800 O $1400 O $2050 O $2400 Next► - Previous

The Fraternity of Future Fire Fighters sold bottled water at the festival. They paid a $40 booth fee and they spent $40 at the grocery store for 200 bottles of water. With so many bottles on hand, they decided to spend $10 on styrofoam coolers and $10 on loe, in order to keep the water cold while they worked in the booth. What is their unit cost? O $0.10 O $0.20 O $0.30 $0.40 O $0.50 $1.00 All of the above O None of the above

Mel Cheek is a fishing guide on the Chenega River. The fish are usually found 20 to 50 miles upriver. Once the fish are located, Mel slows the boat to trolling speed and fishes for about 6 hours before returning to dock. Mel has noted that overall fuel costs vary based on "miles upriver" and he is considering changing his guide fee to separately charge customers for estimated fuel costs. Below is Mel's log for 15 typical days showing "miles upriver to locate fish" and "total fuel cost". Day Miles Upriver   Fuel Cost 1 37   $86 2 41   93 3 22   73 4 28   80 5 49   99 6 25   74 7 33   85 8 37   87 9 44   93 10 24   77 11 29   80 12 45   96 13 35   83 14 36   87 15 31   80 Total 516   $1,273                   If the sole objective of the fuel charge is to approximately recover actual costs incurred each day, would "$2.50 per mile upriver" be a fair formula? What alternative formula might you suggest?

Mel Cheek is a fishing guide on the Chenega River. The fish are usually found 20 to 50 miles upriver. Once the fish are located, Mel slows the boat to trolling speed and fishes for about 6 hours before returning to dock. Mel has noted that overall fuel costs vary based on "miles upriver" and he is considering changing his guide fee to separately charge customers for estimated fuel costs. Below is Mel's log for 15 typical days showing "miles upriver to locate fish" and "total fuel cost". Day Miles Upriver   Fuel Cost 1 37   $86 2 41   93 3 22   73 4 28   80 5 49   99 6 25   74 7 33   85 8 37   87 9 44   93 10 24   77 11 29   80 12 45   96 13 35   83 14 36   87 15 31   80 Total 516   $1,273         Use the high-low method to determine the "fixed fuel cost" associated with the trolling time, and the "variable fuel cost" associated with running up and down the river.

A hospital germ-fighting and floor cleaning robot, named Maurice, costs $104,000. Patients are billed $1 per day for Maurice’s use and upkeep. A certain 300-bed hospital is considering purchasing this robot. What is the simple payback period for Maurice? What assumptions did you make?

Myrna White is a mobile housekeeper. The price for a standard house cleaning is $150 and takes 5 hours. Each worker is paid $25/hour, uses $15 of materials and $0.50 per mile to use their own vehicle to travel from job to job. The average job is 5 miles. Arniz Meyroyan has a family reunion at her house and needs her house freshened up. She offers $75 for this emergency tidy-up service. This service includes vacuuming and cleaning floors, dusting, and cleaning the bathrooms. Only $5 of materials would be used. A. Prepare an Excel spread sheet to determine the differential income if the emergency tidy-up service is priced at $75. The tidy-up service will take 2 hours. B. If a $25 surcharge was included to make the price of $100 how would the differential income change? C. If the hourly worker rate increased to $30/hour, how would net income change? D. What other issue would you need to consider?

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