Handwritten will be better to understand.

Question No 1: COST BEHAVIOR Neptune Rentals operates a boat rental service. Consider the following costs of the company over the relevant range of 5,000 to 8,000 hours of operating time for its boats: Hours of operating time 5,000 6,000 7,000 8,000 Total Costs: Variable Costs $20,000 ? ? ? Fixed Costs $168,000 ? ? ? Total $188,000 ? ? ? Cost per hour: Variable Cost ? ? ? ? Fixed Cost ? ? ? ? Total ? ? ? ? Requirements: [4] a Compute the missing amounts assuming QUIZ 3- MID-MGT ACC-C.docx ... . Cost Fixed Cost ? ? ? ? Total ? ? ? ? Requirements: [4] a. Compute the missing amounts, assuming that cost behavior patterns remain unchanged within the relevant range of 5,000 to 8,000 hours. b. Does the cost per hour increase, decrease or remains the same as the hours of operating time increases within the relevant range? Explain