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M5-13 (Static) Preparing a Scattergraph (LO 5-2) Handy's Hats makes the world's best hats. Information for the last eight months follows: Month January February March
M5-13 (Static) Preparing a Scattergraph (LO 5-2) Handy's Hats makes the world's best hats. Information for the last eight months follows: Month January February March April May June July August Number of Hats Produced 8,000 4,500 7,000 8,600 3,750 6,000 3,000 5,000 Total Cost $7,000 5,000 6,250 7,750 5,000 6,250 4,250 5,750 Prepare a scattergraph by plotting Handy's data on a graph and draw the line you believe best fits the data. Instructions: 1. Click on a point to the right of the graph. 2. Click within the graph to place the point. 3. To enter exact coordinates, click on the point and then click on the processing wheel symbol and then enter the exact coordinates in the dialog box that pops up. 4. Click OK. 5. Use the line tool provided to plot a regression line for this data with ending coordinates of (8600, 7600). To use the line tool, first click on the appropriate y-intercept point, then click the second appropriate point on the graph to create the line. scattergraph - Cost of Hats Jan 9000 Feb 8000 7000 Mar 6000 5000 Total Cost April 4000 3000 O May 2000 1000 June 0 0 1000 2000 3000 4000 5000 6000 7000 8000 9000 July Number of Hats 9 M5-18 (Algo) Preparing a Contribution Margin Income Statement [LO 5-5] 5 points Following is relevant information for Snowdon Sandwich Shop, a small business that serves sandwiches: Total fixed cost per month Variable cost per sandwich Sales price per sandwich $1,120.00 1.20 5.50 eBook During the month of June, Snowdon sold 580 sandwiches. Print Complete the contribution margin income statement for the month of June. (Round your final answers to the nearest whole dollar.) References SNOWDON SANDWICH SHOP Contribution Margin Income Statement Month of June Contribution Margin Net Operating Income SNOWDON SANDWICH SHOP Contribution Margin Income Statement Month of June Cost of Goods Sold Gross Margin Interest Expense Net Income After Taxes Net Operating Income SNOWDON SANDWICH SHOP Contribution Margin Income Statement Month of June Net Income After Taxes Net Operating Income Sales Revenue Total Fixed Costs Total Variable Costs
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