Price Drycleaners has capacity to clean up to 5,000 garments per month. Requirements 1. Complete the schedule below for the three volumes shown 2. Why does the average cost per garment change? 3. Suppose the owner, Dustin Price, erroneously uses the average cost per unit at full capacity to predict total costs at a volume of 2,000 garments. Would he overestimate or underestimate his total costs? By how much? Requirement 1. Complete the following schedule for the three volumes shown. (Round all unif Costs to the nearest cent and all total costs to the nearest whole dollar.) Chen Company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. The company's cost and machine hour usage data for the first six months of the year follow: (Click the icon to view the data.) Read the requirements Requirement 1. What is the variable utilities cost per machine hour? Let's begin by determining the formula that is used to calculate the variable cost (slope) Rollins Mailbox produces decorative mailboxes. The company's average cost per unit is $27.43 when it produces 1,700 mailboxes. Read the requirements. Requirement 1. What is the total cost of producing 1,700 mailboxes? The total cost of producing 1,700 mailboxes is The Sweet Ice Cream Shoppe sold 9,400 servings of ice cream during June for $2 per serving. The shop purchases the ice cream in large tubs from the Georgia Ice Cream Company. Each tub costs the shop \$14 and has enough ice cream to fill 28 ice cream cones. The shop purchases the ice cream cones for $0.20 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,800 per month. The shop expenses $230 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,900 of other operating expenses ( 75% of these were fixed costs). Read the requirements. Requirement 1. Prepare The Sweet Ice Cream Shoppe's June income statement using a traditional format