show work

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Miranda was reviewing the water bill for her dog day care and spa and determined that her highest bill, $5,000 occurred in July when she washed 500 dogs and her lowest bill, $3,600, occurred in February when she washed 325 dogs. What was the variable cost per dog associated with Miranda's water bill? A) $10.00 $8.00 C) $7.20 D) $11.08 Elliott was a professional classical guitar player until his motorcycle accident that left him disabled. After long months of therapy, he hired an experienced luthier (maker of stringed instruments) and started a small shop to make and sell Spanish guitars. The guitars sell for $1,000 and the fixed monthly operating costs are as follows: Rent and utilities Wages and benefits to luthier Other expenses $1,24 2,60 80 Elliott's accountant told him about contribution margin ratios and he understood clearly that for every dollar of sales, $0.90 went to cover his fixed costs, and that anything past that point was pure profit Elliott wishes to earn $5,500 of operating profit each month. Calculate the amount of sales revenue required to achieve the target profit. A) $6,112 $5,500 C) $4,640 D) $11,267 5) Magnolia, Inc. has budgeted sales for the first quarter of the next year to be 40,000 units. The inventory on hand at the beginning of quarter is 10,000 units. The desired ending inventory is 4,000 units. Calculate the budgeted production for the first quarter 34,000 units B) 44,000 units C) 4,000 units 30,000 units