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I have a few problems that I need help with... Please see attachment. HighLow Cost Estimation Assume the local DHL delivery service hub has the

I have a few problems that I need help with... Please see attachment.

image text in transcribed HighLow Cost Estimation Assume the local DHL delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs 2010 554,000 2011 674,000 $179,000 215,000 Use the highlow method to develop a costestimating equation for total annual operating costs. (Let X = annual fleet miles.) + Answer Total annual costs = Answer *X Check Question 4 Not complete Points out of 10.00 Flag question Question text Developing an Equation from Average Costs The America Dog and Cat Hotel is a pet hotel located in Las Vegas. Assume that in March, when dogdays (occupancy) were at an annual low of 500, the average cost per dogday was $14. In July, when dogdays were at a capacity level of 4,000, the average cost per dogday was $7. (a) Develop an equation for monthly operating costs. (Let X = dogdays per month) Total cost = Answer + Answer * X 0 0 (b) Determine the average cost per dogday at an annual volume of 24,000 dogdays. $Answer 0 Check Next Question 8 Incorrect 0.00 points out of 10.00 Flag question Question text Computing Average Unit Costs The total monthly operating costs of Chili To Go are: $12,000+ $0.30X where X = servings of chili (a) Determine the average cost per serving at each of the following monthly volumes: 100; 1,000; 5,000; and 10,000. Volume Average Unit Cost $Answer 8030 100 1,000 $Answer 8300 Volume Average Unit Cost $Answer 9500 5,000 $Answer 11000 10,000 (b) Determine the monthly volume at which the average cost per serving is $0.60. Answer 11429 servings of chili Check Feedback You have correctly selected 0. Incorrect Marks for this submission: 0.00/10.00. Question 9 Incorrect 0.00 points out of 1.00 Flag question Question text Automatic versus Manual Processing Photo Station Company operates a printing service for customers with digital cameras. The current service, which requires employees to download photos from customer cameras, has monthly operating costs of $7,000 plus $0.20 per photo printed. Management is evaluating the desirability of acquiring a machine that will allow customers to download and make prints without employee assistance. If the machine is acquired, the monthly fixed costs will increase to $12,000 and the variable costs of printing a photo will decline to $0.04 per photo. (a) Determine the total costs of printing 20,000 and 50,000 photos per month. Units Current Process $Answer Proposed Process $Answer 9000 10800 20,000 $Answer $Answer 15000 50,000 12000 (b) Determine the monthly volume at which the proposed process becomes preferable to the current process. Answer units 50000 Check Feedback You have correctly selected 0. Incorrect Marks for this submission: 0.00/1.00. Automatic versus Manual Processing MidTown Copy Service processes 2,000,000 photocopies per month at its midtown service center. Approximately 60 percent of the photocopies require collating. Collating is currently performed by high school and college students who are paid $9 per hour. Each student collates an average of 5,000 copies per hour. Management is contemplating the lease of an automatic collating machine that has a monthly capacity of 5,000,000 photocopies, with lease and operating costs totaling $1,056, plus $0.04 per 1,000 units collated. (a) Determine the total costs of collating 500,000 and 1,400,000 per month: 1. With student help: $Answer 900 500,000 1,400,000 $Answer 2520 $Answer 900 500,000 2. With the collating machine: $Answer 200 500,000 $Answer 560 1,400,000 (b) Determine the monthly volume at which the automatic process becomes preferable to the manual process. Answer copies. 1400000 (c) Should MidTown Copy lease the automatic collating machine at this time? Midtown should lease the collating machine at the current monthly volume. Given the current cost structure Midtown should not lease the collating machine regardless of the monthly volume. Midtown should lease the collating machine only if the monthly volume is less than 600,000 copies. Midtown should only lease the collating machine if the monthly volume is more than 500,000 copies. 1.00 points out of 1.00 Check Feedback You have correctly selected 3. Partially correct Marks for this submission: 5.00/10.00. Computing Average Unit Costs The total monthly operating costs of Chili To Go are: $12,000+ $0.30X where X = servings of chili (a) Determine the average cost per serving at each of the following monthly volumes: 100; 1,000; 5,000; and 10,000. Volume Average Unit Cost $Answer 8030 100 $Answer 8300 1,000 Volume Average Unit Cost $Answer 9500 5,000 $Answer 11000 10,000 (b) Determine the monthly volume at which the average cost per serving is $0.60. Answer 11429 servings of chili Check Feedback You have correctly selected 0. Incorrect Marks for this submission: 0.00/10.00. Automatic versus Manual Processing Photo Station Company operates a printing service for customers with digital cameras. The current service, which requires employees to download photos from customer cameras, has monthly operating costs of $7,000 plus $0.20 per photo printed. Management is evaluating the desirability of acquiring a machine that will allow customers to download and make prints without employee assistance. If the machine is acquired, the monthly fixed costs will increase to $12,000 and the variable costs of printing a photo will decline to $0.04 per photo. (a) Determine the total costs of printing 20,000 and 50,000 photos per month. Units Current Process $Answer Proposed Process $Answer 9000 10800 20,000 $Answer $Answer 15000 12000 50,000 (b) Determine the monthly volume at which the proposed process becomes preferable to the current process. Answer units 50000 Check Feedback You have correctly selected 0. Incorrect Marks for this submission: 0.00/1.00. Developing an Equation from Average Costs The America Dog and Cat Hotel is a pet hotel located in Las Vegas. Assume that in March, when dogdays (occupancy) were at an annual low of 500, the average cost per dogday was $14. In July, when dogdays were at a capacity level of 4,000, the average cost per dogday was $7. (a) Develop an equation for monthly operating costs. (Let X = dogdays per month) Total cost = Answer + Answer * X 15 -0.002 (b) Determine the average cost per dogday at an annual volume of 24,000 dogdays. $Answer 33 Check Feedback You have correctly selected 0. Incorrect Marks for this submission: 0.00/10.00. Next Multiple Cost Drivers Scottsdale Ltd. manufactures a variety of highvolume and lowvolume products to customer demand. Presented is information on 2009 manufacturing overhead and activity cost drivers. Level Unit Total Cost Units of Cost Driver $500,000 20,000 machine hours Batch 200,000 1,000 customer orders Product 200,000 50 products Product X1 required 2,000 machine hours to fill 10 customer orders for a total of 8,000 units. (a) Assuming all manufacturing overhead is estimated and predicted on the basis of machine hours, determine the predicted total overhead costs to produce the 8,000 units of product X1. $Answer 20250 (b) Assuming manufacturing overhead is estimated and predicted using separate rates for machine hours, customer orders, and products (a multiplelevel cost hierarchy), determine the predicted total overhead costs to produce the 8,000 units of product X1. $Answer 22250 (c) Calculate the error in predicting manufacturing overhead using machine hours versus using multiple cost drivers. Indicate whether the use of only machine hours results in overpredicting or underpredicting the costs to produce 8,000 units of product X1. $Answer 2000 Answer Over-prediction (d) Determine the error in the prediction of X1 batchlevel costs resulting from the use of only machine hours. Indicate whether the use of only machine hours results in overpredicting or underpredicting the batchlevel costs of product X1. $Answer Answer 30000 Over-prediction (e) Determine the error in the prediction of X1 productlevel costs resulting from the use of only machine hours. Indicate whether the use of only machine hours results in overpredicting or underpredicting the productlevel costs of product X1. $Answer Answer 5000 Check Feedback You have correctly selected 3. Partially correct Marks for this submission: 3.00/8.00. Next

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