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Steeplechase Building Specialties manufactures metal stud to accommodate commercial framing contractors in the United States. The managerial accountant reported to the operations manager that there
Steeplechase Building Specialties manufactures metal stud to accommodate commercial framing contractors in the United States. The managerial accountant reported to the operations manager that there is an order to manufacture 2,300 bundles of metal stud during the month. The managerial accountant reported the following information: Variable Constant Independent variable Coefficient $170 S260 Determine the cost equation for the managerial accountant and predict the operating costs at a volume of 2,300 bundles of metal stud at Steeplechase Building Specialties. O A. $260 OB. $391,260 OC. $430 OD. $598,170 Pelicans Ice is a snow cone stand near the local park. To plan for the future, it wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served. ITT Month January February March April May June Number of snow cones 6,400 7,000 4,000 6,900 8,000 7.250 Total operating costs $5,980 56.400 $4,000 S6,330 $7,000 $6,575 Using the high-low method, the monthly operating costs if Pelicans sells 11,000 snow cones in a month are O A. $1,000 OB. $8,250 OC. $9,250 OD. $19,000
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