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.)
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- Tucker Pup’s Pet Resort offers dog boarding services in Chicago. Assume that in March, when dog- days occupancy was at an annual low of 150 days, the average cost per dog-day was $65. In July, when dog-days were at a capacity level of 600, the average cost per dog-day was $20. a.Develop an equation for monthly operating costs. b.Determine the average boarding cost per dog-day at an annual volume of 4,500 dog-days.Tucker Pup's Pet Resort offers dog boarding services in Chicago. Assume that in March, when dog- days occupancy was at an annual low of 150 days, the average cost per dog-day was $65. In July, when dog-days were at a capacity level of 600, the average cost per dog-day was $20. a. Develop an equation for monthly operating costs. b.Determine the average boarding cost per dog-day at an annual volume of 4,500 dog-days.Able Transport operates a tour bus that they lease with terms that involve a fixed fee each month plus a charge for each mile driven. Able Transport drove the bus 7,000 miles and paid a total of $1,360 in June. In October. Able Transport paid $1,280 for the 5,000 miles driven. If Able Transport uses the high-low method to analyze costs, how much would Able Transport pay in December, if they drove 6,000 miles?
- Ron Moss, a manager of Waterworks Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,800 and $2,400 were incurred in the months of May and November, respectively. If 400 dogs were washed in May and 200 dogs were washed in November, what was the estimated cost, If 500 dogs were washed in December? Group of answer choices are listed below: $ 3,735 $3,573 $3,100 $2,500If a home goods retailer pays $32.50 for the vacuum cleaner shown here, answer the following questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) An advertisement has a picture of a vacuum cleaner. From top to bottom, the text of the ad is as follows. 12 amp Powervac Plus $89.99 Microfiltration On-board tools 1 year Product Replacement Policy, $7.99 (a) What is the percent markup based on selling price? % (b) If the retailer pays $1.70 to the insurance company for each product replacement policy sold, what is the percent markup based on selling price of the vacuum cleaner and policy combination? % (c) If 6,000 vacuum cleaners are sold in a season and 40% are sold with the insurance policy, how many additional "markup dollars," the gross margin, were made by offering the policy? $ (d) As a housewares buyer for the retailer, what is your opinion of such insurance policies, considering their effect on the "profit picture" of…1. Using the High-Low method, predict the cost of producing 900 treats. Enter your answer rounded to the nearest whole number without a dollar sign or comma (i.e., 1250) 2. ABC Company leases a copy machine with terms that include a fixed fee each month plus a charge for each copy made. ABC made 9,000 copies and paid a total of $ 473 in January. In April, they paid $ 287 for 5,000 copies. What is the variable cost per copy if ABC uses the high-low method to analyze costs? Enter your answer with two decimals (i.e., .xx)
- A hotel pays the phone company $100 per month plus $.25 for each call made. During January 6,000 calls were made. In February 5,000 calls were made.Required:1. Calculate the hotel’s phone bills for January and February.2. Calculate the cost per phone call in January and in February. 3. Separate the January phone bill into its fixed and variable components.4. What is the marginal cost of one additional phone call in January?5. What was the average cost of a phone call in January?A hotel pays the phone company $200 per month plus $.15 for each call made. During January 7,000calls were made. In February 8,000 calls were made.Required:1. Calculate the hotel’s phone bills for January and February.2. Calculate the cost per phone call in January and in February.3. Separate the January phone bill into its fixed and variable components.4. What is the marginal cost of one additional phone call in January?5. What was the average cost of a phone call in January?Keith Street Barber Shop pays $50 per month for water for the first 15,000 gallons and $3.50 per thousand gallons above 15,000 gallons. Calculate the total water cost when the barber shop uses 13,000 gallons, 16,000 gallons, and 21,000 gallons. (Do not round interim calculations. Round your final answers to the nearest cen ) Usage Total Water Cost 13,000 gallons 16,000 gallons 21,000 gallons
- Acme Inc. manufactures and sells widgets. Acme Inc. sells widgets for $15 each. Acme Inc. uses 3 gizmos for each widget. Gizmos cost $2 each. In December, Acme sold 300 widgets. Acme also pays rent of $500 per month. please show work. A.) What is Acme Inc.'s contribution margin per unit? B.) What is Acme Inc.'s contirbution margin ratio? C.) Assuming the about information is all revenue and expenses for scme, what is December's net income? D.) Determine the fixed cost give the following information: Lowest level of activity- 200 units at a total cost of $600 Highest level of activity- 800 units at a total cost of $1,800 Fixed cost =Curt Rugs is holding a 2-week carpet sale at Jean's Club, a local warehouse store. Curt Rugs plans to sell carpets for $1,000 each. The company will purchase the carpets from a local distributor for $400 each, with the privilege of returning any unsold units for a full refund. Jean's Club has offered Curt Rugs two payment alternatives for the use of space. Read the requirements. Requirement 1. Calculate the breakeven point in units for (a) option 1 and (b) option 2. Begin by determining the formula to calculate the breakeven point in units. Number of units to breakeven More Info • Option 1: A fixed payment of $17,400 for the sale period • Option 2: 20% of total revenues earned during the sale period Assume Curt Rugs will incur no other costs.Kindly arrange the journal entries of a company that imported a truck for $38,000. The total importation should be closed in 30 days. It's on account of the installation & adjustment cost which is $ 2517.48 plus 10% VAT. while check endorsed for expenses on custom consulting that invoiced $ 3496.50 plus VAT of 10%. In addition, VAT paid $ 3,916.08 on custom administration.