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Question 2 of 14 -11 View Policies Current Attempt in Progress For Crane Company, variable costs are 64% of sales, and fixed costs are $197.000.

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Question 2 of 14 -11 View Policies Current Attempt in Progress For Crane Company, variable costs are 64% of sales, and fixed costs are $197.000. Management's net income goal is $103,600. Compute the required sales in dollars needed to achieve management's target net income of $103,600. (Use the contribution margin approach.) Required sales $ Question 3 of 14 -/1 Data for Blossom Corporation's maintenance costs is shown below. Total Cost July August September October November December Units Produced 21,550 38,304 43.092 26,334 47,880 45. $44.415 57,456 65.835 45,486 89.176 74214 Compute the variable and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation. (We recommend that you use the Intercept and Slope functions in Excel.) (Round intercept to 2 decimal places eg. 1.25 and slope to 5 decimal places e.g. 1.25125.) Intercept $ Slope Question 3 of 14 -11 August September October November December 38,304 .43,092 26,334 47,880 45,486 57,456 65,835 45,486 89,176 74,214 Compute the variable and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation. (We recommend that you use the Intercept and Slope functions in Excel) (Round intercept to 2 decimal places e.8. 1.25 and slope to 5 decimal places eg. 1.25125.) Intercept $ Slope $ The cost equation is: $ per unit produced - Total cost Question 4 of 14 -11 E Variable cost per mile $ eTextbook and Media (a2) Compute the fixed cost elements using the high-low method. Fixed costs $

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