Chapter 2 Assignment Nikolas Boat Company makes inexpensive aluminum fishing boats Production is seasonal, with considerable activity occurring in the spring and summer Sales and production tend to decline in the fall and winter months During 2014, the high point in activity occurred in June when it produced 200 boats at a total cost of $960,000 The low point in production occurred in January when it produced 100 boats at a total cost of $600,000 Required a Use the high low method to estimate the amount of fixed cost incurred each month by NikolasBoat Company e ru td rewenssA i , n ioptriscdeb ta, 62 , 0 67 l,ul n1 5, llnu 26 , 2 3, seal f2 4, 1 50 1, 4 2, 1 31 0, 5, 04 e,lsfa 48 , 7 3, 27 27 7, 61 34 23 e,ru t5 4, 1 leit 20Tew N mena, seal f7 4, 14 5, 33 ,5 8 c1, 0 10 0 c 9 1, 23 0 59 , seonsprer 20beumeNylst 7 ,t ghri 8 6, uetr 43 ,ONTILUSO 6 7 55 , 24 81 2, 53 e,ru t3 6 55 ,CYENRRCU 3 7 29 , 9 7, 0 0040 2 75 6 5, 9 7, 75 0 3 2 20 , 3B 1)21, 2063 2017,13b(rg 20orol cndougrckba 8 ,) 11 2023,16, 2037(1gb r 9, N IOSTUE Q 76 5 5, 79 ,stcod 20xeFi 20 20 5 7 30 2 0 2 13 e,lsfa 41 ,n owpDro d 27 1, 5 2, 75 e,lsfa 82 8 2, 22 e,lsfa 35 e,ru t6 3, 55 ,leab 20TedtltiUn 9 6, 27 1, 18 5 5 6 b Determine the total estimated cost if 150 boats are made e ru td rewenssA i , n ioptriscdeb ta, 62 , 0 67 l,ul n1 5, llnu 26 , 2 3, seal f2 4, 1 50 1, 4 2, 1 31 0, 5, 04 e,lsfa 48 , 7 3, 67 27 7, 61 34 23 e,ru t5 4, 1 leit 20Tew N mena, seal f7 4, 14 5, 33 ,5 8 c1, 0 14 0 c 9 1, 23 0 59 , seonsprer 20beumeNylst 7 ,t ghri 8 6, uetr 43 ,ONTILUSO 6 7 55 , 24 81 2, 53 e,ru t3 6 55 ,CYENRRCU 3 7 29 , 9 7, 0 0080 7 75 6 5, 9 7, 75 0 3 2 20 , 3B 1)21, 2063 2017,13b(rg 20orol cndougrckba 8 ,) 11 2023,16, 2037(1gb r 9, N IOSTUE Q 76 5 5, 79 ,stcod 20tematiesl 20taTo 5 7 30 2 0 2 13 e,lsfa 41 ,n owpDro d 27 1, 5 2, 75 e,lsfa 82 8 2, 22 e,lsfa 35 e,ru t6 3, 55 ,leab 20TedtltiUn 9 6, 27 1, 18 5 5 6

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Chapter 2 Assignment Nikolas Boat Company makes inexpensive aluminum fishing boats. Production is seasonal, with considerable activity occurring in the spring and summer. Sales and

Chapter 2 Assignment

Nikolas Boat Company makes inexpensive aluminum fishing boats. Production is seasonal, with considerable activity occurring in the spring and summer. Sales and production tend to decline in the fall and winter months. During 2014, the high point in activity occurred in June when it produced 200 boats at a total cost of $960,000. The low point in production occurred in January when it produced 100 boats at a total cost of $600,000.

Required:

a.	Use the high-low method to estimate the amount of fixed cost incurred each month by NikolasBoat Company.

	e}ru:td"rewenssA"i",:"n"ioptriscdeb_ta,"{}":62"_],[0":67"_l,ul:n1"_5,"llnu":26"_},:{2"_3,"seal:f2"_4,"-1":50"_1,:-4"_2,"-1":31"_0,":_5,":04""_e,lsfa":48"_},:{7"_3,"}]27:27"_7,"61":34"_[{":23"_e,ru:t5"_4,"1"leit%20Tew"N":mena,"}]seal:f7"_4,":14"_5,"[]":33"_},5""8":c1,"0"10:"0""c:{9"_1,""}23:"0"{"":59"_],}]"}seonsprer%20beumeNylst:"7""_},t"ghri:"8"_6,"uetr":43"_",ONTILUSO:"6"_7{"":55"_},"}"%24":81"_2,":53"_e,ru:t3"_6{"":55"_",CYENRRCU:"3"_7{"":29"_},"}:"9"_7,"0"0040"2":75"_:{6"_5,""}:"9"_7,"""":75"_:{0"_3{"":_2{"":20"_,{}}%3B"1)21,%2063%2017,13b(rg:%20orol-cndougrckba:"8""_},)"11%2023,16,%2037(1gb"r":_9,"N"IOSTUE"Q":76"_:{5"_5,"}}""":79"_",stcod%20xeFi%20%20:"5"_7{"":30"_:{2""_:{0"_2{"[[":13"_e,lsfa":41"_},n"owpDro"d":27"_1,:-5"_2,"{}":75"_e,lsfa":82"_:{8"_2,"""":22"_e,lsfa":35"_e,ru:t6"_3,"{}":55"_",leab%20TedtltiUn:"9"_6,":27"_1,":18"_5{":[5"_6{"

b.	Determine the total estimated cost if 150 boats are made.

	e}ru:td"rewenssA"i",:"n"ioptriscdeb_ta,"{}":62"_],[0":67"_l,ul:n1"_5,"llnu":26"_},:{2"_3,"seal:f2"_4,"-1":50"_1,:-4"_2,"-1":31"_0,":_5,":04""_e,lsfa":48"_},:{7"_3,"}]67:27"_7,"61":34"_[{":23"_e,ru:t5"_4,"1"leit%20Tew"N":mena,"}]seal:f7"_4,":14"_5,"[]":33"_},5""8":c1,"0"14:"0""c:{9"_1,""}23:"0"{"":59"_],}]"}seonsprer%20beumeNylst:"7""_},t"ghri:"8"_6,"uetr":43"_",ONTILUSO:"6"_7{"":55"_},"}"%24":81"_2,":53"_e,ru:t3"_6{"":55"_",CYENRRCU:"3"_7{"":29"_},"}:"9"_7,"0"0080"7":75"_:{6"_5,""}:"9"_7,"""":75"_:{0"_3{"":_2{"":20"_,{}}%3B"1)21,%2063%2017,13b(rg:%20orol-cndougrckba:"8""_},)"11%2023,16,%2037(1gb"r":_9,"N"IOSTUE"Q":76"_:{5"_5,"}}""":79"_",stcod%20tematiesl%20taTo:"5"_7{"":30"_:{2""_:{0"_2{"[[":13"_e,lsfa":41"_},n"owpDro"d":27"_1,:-5"_2,"{}":75"_e,lsfa":82"_:{8"_2,"""":22"_e,lsfa":35"_e,ru:t6"_3,"{}":55"_",leab%20TedtltiUn:"9"_6,":27"_1,":18"_5{":[5"_6{"