Tota vowsble cost quantity prosluced Unit vouable cost = warts naalu The Book of Mormon is one of the biggest musical hits on Broadway. It has received many awards in Tony and Grammy Awards. According to Wikipedia, "High attendance coupled with aggressive pricin allowed the financial backers to recoup their investment of $11.4 million after just nine months of performances." While the highest ticket price was $477, the average price is $170. What is the variable cost per ticket? Assume the following: stolom The theater bas 30 performances per month. BOY The theater has 1100 seats. On averare, the theater was 95% full (with paying customers). $ 131.62 B. $ 56.10 oy bold, 400,000 WOH38210 TWATSOME C. 161.500 c oups to Wolso $ 39.64 dan a Ogo works oli novo tortoup E. $ 129.60 selling price to DO W.msko do noivado chino t o be on top 39 i bo songs on 28?! bollqmos avad good toy indlasibal 2 Emma Green is employed by Northern Laboratories and is directly involved in preparing the company's leading antibiotic drug. Emma's basic wage rate is $22 per hour. The company pays its employees time and ulin atcess of 40 hours per week. In addition, the Lab contributes $10/hour fuhiab 2 hour 4 Platinum Co. is an English manufacturing company whose total factory overhead costs fluctuate som from month to month according to the number of machine- w month according to the number of machine-hours worked in its production an (in English pounds) for the three months in summer are given below. Unfortunately, the costs are incomplete OD SE Level of Activity June July August Machine-hours 46,500 62,000 51,150 Total factory overhead costs 214,700 236,400 The factory overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 46,500 machine-hours level of activity as follows: Indirect materials (variable) 51,150 Rent (fixed) 123,000 Maintenance (mixed) 40,550 Total factory overhead costs 214,700 v.c(indirat maloriouls) 68,701 Fixed 125,00 45,20 236 yo i 3 4,6 50 115,500 45,200 - 40,590 6200 46,500 What total overhead costs would you expect the company to incur at an operating level for August? Use the High-Low Method. A. 68,545 B. 179,265 brinod rodil soon on 008 20 195,030 221,210 mountenance X + 26,60 236,170 5 vodo L u dotermined nyerhead rate based on capacity. Tota vowsble cost quantity prosluced Unit vouable cost = warts naalu The Book of Mormon is one of the biggest musical hits on Broadway. It has received many awards in Tony and Grammy Awards. According to Wikipedia, "High attendance coupled with aggressive pricin allowed the financial backers to recoup their investment of $11.4 million after just nine months of performances." While the highest ticket price was $477, the average price is $170. What is the variable cost per ticket? Assume the following: stolom The theater bas 30 performances per month. BOY The theater has 1100 seats. On averare, the theater was 95% full (with paying customers). $ 131.62 B. $ 56.10 oy bold, 400,000 WOH38210 TWATSOME C. 161.500 c oups to Wolso $ 39.64 dan a Ogo works oli novo tortoup E. $ 129.60 selling price to DO W.msko do noivado chino t o be on top 39 i bo songs on 28?! bollqmos avad good toy indlasibal 2 Emma Green is employed by Northern Laboratories and is directly involved in preparing the company's leading antibiotic drug. Emma's basic wage rate is $22 per hour. The company pays its employees time and ulin atcess of 40 hours per week. In addition, the Lab contributes $10/hour fuhiab 2 hour 4 Platinum Co. is an English manufacturing company whose total factory overhead costs fluctuate som from month to month according to the number of machine- w month according to the number of machine-hours worked in its production an (in English pounds) for the three months in summer are given below. Unfortunately, the costs are incomplete OD SE Level of Activity June July August Machine-hours 46,500 62,000 51,150 Total factory overhead costs 214,700 236,400 The factory overhead costs above consist of indirect materials, rent, and maintenance. The company has analyzed these costs at the 46,500 machine-hours level of activity as follows: Indirect materials (variable) 51,150 Rent (fixed) 123,000 Maintenance (mixed) 40,550 Total factory overhead costs 214,700 v.c(indirat maloriouls) 68,701 Fixed 125,00 45,20 236 yo i 3 4,6 50 115,500 45,200 - 40,590 6200 46,500 What total overhead costs would you expect the company to incur at an operating level for August? Use the High-Low Method. A. 68,545 B. 179,265 brinod rodil soon on 008 20 195,030 221,210 mountenance X + 26,60 236,170 5 vodo L u dotermined nyerhead rate based on capacity
