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I have included the answers according to the hw notes; however, my answers come out wrong. Please answer problem step by step from the beginning
I have included the answers according to the hw notes; however, my answers come out wrong. Please answer problem step by step from the beginning so that I can see how you came to the answer.
HW 12 1. Bubba's Steakhouse has budgeted the following costs for a month in which 1, 600 steak dinners will be produced and sold; Materials = $4080 Hourly Labor (Variable) = $5200 Rent (Fixed) = $1, 570 Depreciation = $760 Other = $540 Each steak dinner sells for $13.60 each. How much would Shula's profit increase if 10 more dinners were sold? *The answer is 78. Please break down step by step all calculations from the very beginning. 2. Susan is trying to decide whether or not to attend college during the next 12-week session. She has the following options: 1. Attend college full-time at a cost of $1,200 2. Attend college part-time at a cost of $400 and work part-time earning $1, 600 3. Work full-time earning $4, 800 What is Susan's incremental profit if she chooses option 3 over option 2? *The answer is 3,600. Please break down step by step all calculations from the very beginning. 3. Total costs were $79,000 when 28,000 units were produced and $92,500 when 39,000 units were produced. Use the high-low method to find the estimated total costs for a production level of 32,000 units *The answer is 84, 381.56. Please break down step by step all calculations from the very beginning. 4. Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price of $30 per unit. Swimkids variable costs are $18 per unit. Fixed costs are $81,000. Swimkids expects sales of $274,200 next year. What is Swimkid's margin of safety (in dollars)? *The answer is 71, 700. Please break down step by step all calculations from the very beginningStep by Step Solution
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