i have only 45 minutes for answer this question i need only the answers please.

The primary advantage of the High-Low method over other cost estimation methods is that: It utilizes only two data points rather all data points within a relevant range It relies on judgment to determine the cost estimation model It is a more straightforward approach to determining the variable and fixed elements of fixed costs It can only be applied within the relevant range of observations of the independent variable Which of the following methods of cost estimation utilizes all observations and relies on statistical measures to determine the cost estimation model? High-Low Method Scatter Diagram Least-Squares Regression Linear Programming Madison Company sells its product for $6 a unit. Next year, fixed expenses are expected to be $200,000 and variable expenses are estimated at $4 per unit. How many units must Madison sell to generate net operating income of $50,000? 50,000 units 60,000 units 125,000 units 120,000 units Soup Company sells two products, as follows: Selling Price per Unit Variable expense per Unit Product Y $150 $ 75 Product Z 350 150 Fixed expenses total $225,000 annually. The expected sales mix in units is 60% for product Y and 40% for product Z. How much is Soup Company's expected break-even sales in dollars? $300,00 0 $414,00 0 $475,000 $555,882 Jimson Company has sales of 3,000 units at $70 per unit. Variable expenses are 40% of the selling price. If total fixed expenses are $54,000, the degree of operating leverage is: 1.7 5 1.4 0 2.1 0 3.5 0 The graph of an estimated cost represented by cost equation, Y = a + bX, would be best described by which of the following descriptions: A positive slope starting at the point of origin A positive slope starting at the yintercept A horizontal line starting at the yintercept A negative slope starting at the yintercept Operating leverage is computed as: Contribution margin divided by income before taxes Fixed costs divided by income before taxes Income before taxes divided by total debt Operating income divided by total debt Which of the following statements is true about the weighted average process costing method? If all raw materials are added to production at the beginning of the process, the number of equivalent units in process will equal the total number of individual units worked on during the period. The cost of the units in beginning work-in-process is accounted for separately from the units started in the current period. The method is applicable to any situation where the cost of a specific job is needed All the above statements are true Peoria Corporation reported the following on their contribution format income statement: Sales (12,000 units) $350,000 Less: variable expenses 200,000 Contribution margin $150,000 Less: fixed expenses 125,000 Net operating income $ 25,000 If sales increase by 10%, net operating income will increase by what amount? $-0$ 1,500 $15,0 00 $30,0 00 The following data was input into a spreadsheet program to determine the Intercept, Slope and R 2 (RSQ) for Patient Days and Maintenance Costs for a local hospital: Month January February March April May June July Intercept Slope RSQ Patent Days (X) Maintenance Costs (Y) 6,600 $8,900 8,100 $9,500 6,000 $8,400 7,500 $9,200 8,300 $10,100 9,000 $10,800 5,200 $8,800 $5,468 $0.541 0.79 The estimated fixed maintenance cost for the hospital is: $5,4 68 $3,4 31 $0.7 59 $0.6 83