this is from managerial accounting chapter 3. ALL INFORMATION I WAS GIVEN IS PROVIDED. PLEASE DO NOT ASK FOR MORE. Thanks

G H K N C D See Absorpelon vs Variable Costing Daily Activity Rainbow Concrete Corporation has provided the following data for its two most recent years of operation 16 Maring.com Verros perros Desde Dir Vest Fundarling verhead pery Sing and we Variegative expert Foam 000 Yow 19 Unitory Units produced in the Uno dney United Yew 2 6000 2.000 15.000 3.000 12.000 4000 ERANRXAN Mesure e comprimento conting Computer product connexes Yw1 ww2 AUTOoncong Prepare anometrahy Yet Yew 2 40 42 43 44 45 46 47 50 Anne Vestir Compre est product in atyw Yew 2 ABS-VAR High-Low + c G H M N Asume company option conting Propertoret for each you Yeri Yew 2 45 Assume the company was variable conting Competent product on in each you Yt Yew 2 56 60 62 monary ving rencontreach your Yox1 Yew Pripreportingood tym recorte costing articoli recome Your Year 2 Yew 2 86 80 90 93 ABS-VAR High-Low + E G H K L M N C 1 Scenic Byways is a bus tour company The peak month for touring is July and the lowest month's February 3 Here are three costs associated with the buses for those two months: Resource Bus Miles Total Cost 12.000 12,000 39,800 16,500 July 14,000 10,500 7 Bus Depreciation July 120,000 9 February 50,000 10 11 Fuel 12 July 120,000 13 February 50,000 14 15 Repairs and Maintenance 16 120,000 17 February 50,000 18 19 20 Use the high-low method to answer the following questions: (round to nearest $0.00) 21 22 a What is the variable rate of depreciation? 23 D What is the forced cost of depreciation? 24 c What is the cost formula for depreciation? 25 d What is the variable rate of fuel? 26. What is the fixed cost of fuel? 27 What is the cost formula for fuel? 28 9 What is the variable rate of repairs and maintenance? 29 What is the forced cost of repairs and maintenance? 30 What is the cost formula for repairs and maintenance? 31 | Using the three cost formulas, compute a month that has 32 each of the miles driven 78,000 34 105,000 35 92.000 36 37 38 39 40 42 43 44 45 46 47 ABS VAR High-Low + G H K N C D See Absorpelon vs Variable Costing Daily Activity Rainbow Concrete Corporation has provided the following data for its two most recent years of operation 16 Maring.com Verros perros Desde Dir Vest Fundarling verhead pery Sing and we Variegative expert Foam 000 Yow 19 Unitory Units produced in the Uno dney United Yew 2 6000 2.000 15.000 3.000 12.000 4000 ERANRXAN Mesure e comprimento conting Computer product connexes Yw1 ww2 AUTOoncong Prepare anometrahy Yet Yew 2 40 42 43 44 45 46 47 50 Anne Vestir Compre est product in atyw Yew 2 ABS-VAR High-Low + D 1 See Absorption vs Variable Costing Daily Activity 3 Rainbow Concrete Corporation has provided the following data for its two most recent years of operation: Year 2 6.000 12 000 15.000 3.000 6 Selling price per un $88 Manufacturing costs Variable manufacturing cont per un produced 10 Direct materials 16 11 Direct labor 12 Variable manufacturing overhead 8 13 Food manufacturing overhead per your 336.000 14 Soling and administrative experts 15 Variable selling and administrative experne per un sold 16 Foad song and administrative expers per ye 124.000 17 18 Year 1 19 Units in beginning invertory O 20 Units produced during the 18.000 21 Units sold during the your 12.000 22 Unitsin ending invertory 6.000 23 24 Camised trousel 25 26 (a). Assume The company was abortion costing Compute the introduct cost in each year. 27 28 29 30 31 32 33 34 35 36 37(D). Atsume The company es absorption conting Prepare an income statement for each your 38 39 40 41 42 43 44 45 46 47 48 49 50. Assume the company uses variable costing Compute the unit product cost in each your Year 2 Yeart Year 2 Yeart Year 2 3889 &&&&89 ABS-VAR High-Low + G H K N C D See Absorpelon vs Variable Costing Daily Activity Rainbow Concrete Corporation has provided the following data for its two most recent years of operation 16 Maring.com Verros perros Desde Dir Vest Fundarling verhead pery Sing and we Variegative expert Foam 000 Yow 19 Unitory Units produced in the Uno dney United Yew 2 6000 2.000 15.000 3.000 12.000 4000 ERANRXAN Mesure e comprimento conting Computer product connexes Yw1 ww2 AUTOoncong Prepare anometrahy Yet Yew 2 40 42 43 44 45 46 47 50 Anne Vestir Compre est product in atyw Yew 2 ABS-VAR High-Low + c G H M N Asume company option conting Propertoret for each you Yeri Yew 2 45 Assume the company was variable conting Competent product on in each you Yt Yew 2 56 60 62 monary ving rencontreach your Yox1 Yew Pripreportingood tym recorte costing articoli recome Your Year 2 Yew 2 86 80 90 93 ABS-VAR High-Low + E G H K L M N C 1 Scenic Byways is a bus tour company The peak month for touring is July and the lowest month's February 3 Here are three costs associated with the buses for those two months: Resource Bus Miles Total Cost 12.000 12,000 39,800 16,500 July 14,000 10,500 7 Bus Depreciation July 120,000 9 February 50,000 10 11 Fuel 12 July 120,000 13 February 50,000 14 15 Repairs and Maintenance 16 120,000 17 February 50,000 18 19 20 Use the high-low method to answer the following questions: (round to nearest $0.00) 21 22 a What is the variable rate of depreciation? 23 D What is the forced cost of depreciation? 24 c What is the cost formula for depreciation? 25 d What is the variable rate of fuel? 26. What is the fixed cost of fuel? 27 What is the cost formula for fuel? 28 9 What is the variable rate of repairs and maintenance? 29 What is the forced cost of repairs and maintenance? 30 What is the cost formula for repairs and maintenance? 31 | Using the three cost formulas, compute a month that has 32 each of the miles driven 78,000 34 105,000 35 92.000 36 37 38 39 40 42 43 44 45 46 47 ABS VAR High-Low + G H K N C D See Absorpelon vs Variable Costing Daily Activity Rainbow Concrete Corporation has provided the following data for its two most recent years of operation 16 Maring.com Verros perros Desde Dir Vest Fundarling verhead pery Sing and we Variegative expert Foam 000 Yow 19 Unitory Units produced in the Uno dney United Yew 2 6000 2.000 15.000 3.000 12.000 4000 ERANRXAN Mesure e comprimento conting Computer product connexes Yw1 ww2 AUTOoncong Prepare anometrahy Yet Yew 2 40 42 43 44 45 46 47 50 Anne Vestir Compre est product in atyw Yew 2 ABS-VAR High-Low + D 1 See Absorption vs Variable Costing Daily Activity 3 Rainbow Concrete Corporation has provided the following data for its two most recent years of operation: Year 2 6.000 12 000 15.000 3.000 6 Selling price per un $88 Manufacturing costs Variable manufacturing cont per un produced 10 Direct materials 16 11 Direct labor 12 Variable manufacturing overhead 8 13 Food manufacturing overhead per your 336.000 14 Soling and administrative experts 15 Variable selling and administrative experne per un sold 16 Foad song and administrative expers per ye 124.000 17 18 Year 1 19 Units in beginning invertory O 20 Units produced during the 18.000 21 Units sold during the your 12.000 22 Unitsin ending invertory 6.000 23 24 Camised trousel 25 26 (a). Assume The company was abortion costing Compute the introduct cost in each year. 27 28 29 30 31 32 33 34 35 36 37(D). Atsume The company es absorption conting Prepare an income statement for each your 38 39 40 41 42 43 44 45 46 47 48 49 50. Assume the company uses variable costing Compute the unit product cost in each your Year 2 Yeart Year 2 Yeart Year 2 3889 &&&&89 ABS-VAR High-Low +