Using the high-Low Muchod to stimate Variable and Feed Costs Located on S urreale in Glacier National Park, Mary Glacier Hotel was built in 1915 by the Great Northern Rhyn neffort to oplement les lodging rece, the hotel decided in 2x1 to be madacturing and ling coded with handed by the Americans ving near the park. Due to the great comes of the came the hotel began mandacturing and w e willin 200. hotel guests purchase a cance and paddies for use in seguided tours of S orrent Lake Becase production of the two products began in different years, the cances and paddles reproduced in separate production facile deploy different labores. Each news for $500 and each pale walls for $50. A 203 fire destroyed the hotels ingrecords. Herve y stem put into place before the 2014 season provides the following aggregated data for the hotelcance and paddle mandacturing and marketing activities Manufacturing Data Number of Cannes Year Manufactured Total Canne Manufacturing Number of Paddles Year Manufactured Total Paddle Manufacturing $100.000 12.000 20x8 208 10000 11600 Marketing Data: Number of Total Cance Canoes Marketing Year Sold Costs 20x9 250 $45,000 Number of Total Paddle Paddles Marketing Sold Costs Year 20x9 9 00 $7,500 20x8 20x8 1,200 20x7 20x7 20X6 43,000 44,000 51,000 62,000 60,000 1,000 1,100 1,400 1,700 20X6 20x5 20x4 9,000 8,000 8,500 10,000 11,500 20x5 20x4 400 Required: 1. High-Low Cost Estimation Method a. Use the high-low method to estimate the per-unit variable costs and total faced costs for the canoe product line. Variable cost per unit Total fixed cost s b. Use the high-low method to estimate the per-unit variable costs and total fixed costs for the paddle product line, Variable cost per unit Total fixed cost 2. Cost-Volume-Profit Analysis, Single-Product Setting Use CVP analysis to calculate the break-even point in units for 2. Cost-Volume-Profit Analysis Single Product Setting Use CW analysis to calculate the break p oints for a. The case product line only e ngle-producting BE uni c o b. The paddle product line only u single producten) BE units 3. Cost-Volume-trot Analysis Muleroduct Setting The hotel's accounting system de shown vers es of approximately 300 canoes and 1.200 paddes each son. Significantly more pads are soldative to cances because some inexperienced cance guests accidentally break one or more des, while other guests purchase additional des presents for friends and relatives Indien for this mulle product CVP anayesume the stence of an additional $30,000 of common iced costs for a customer service hotline wed for both cance and podle customers. U CVP analys to calculate the break even point in it for both the c and de productes combined the multiple product setting Cance BE Dadd 4. Cost Class Classify the manufacturing com ing and w e are ho sts the production to periodo A rtigos mer hotline costs are For the period further th e re and administru penses further and a 5. Sensitivity Cost-Volume-ot Analysis and Production Versus Period Costs Multiple Product Setting of both the variable and production contrer to your answer to Requirement 1) s ed the care product in increased by by would need to be sold in order to come of $6.000 Assume the sales and cont a in Cheyand the w theyond the arm the high-low analysis. how cances and des Paddle target come paddes 6. Marina Salut Using the high-Low Muchod to stimate Variable and Feed Costs Located on S urreale in Glacier National Park, Mary Glacier Hotel was built in 1915 by the Great Northern Rhyn neffort to oplement les lodging rece, the hotel decided in 2x1 to be madacturing and ling coded with handed by the Americans ving near the park. Due to the great comes of the came the hotel began mandacturing and w e willin 200. hotel guests purchase a cance and paddies for use in seguided tours of S orrent Lake Becase production of the two products began in different years, the cances and paddles reproduced in separate production facile deploy different labores. Each news for $500 and each pale walls for $50. A 203 fire destroyed the hotels ingrecords. Herve y stem put into place before the 2014 season provides the following aggregated data for the hotelcance and paddle mandacturing and marketing activities Manufacturing Data Number of Cannes Year Manufactured Total Canne Manufacturing Number of Paddles Year Manufactured Total Paddle Manufacturing $100.000 12.000 20x8 208 10000 11600 Marketing Data: Number of Total Cance Canoes Marketing Year Sold Costs 20x9 250 $45,000 Number of Total Paddle Paddles Marketing Sold Costs Year 20x9 9 00 $7,500 20x8 20x8 1,200 20x7 20x7 20X6 43,000 44,000 51,000 62,000 60,000 1,000 1,100 1,400 1,700 20X6 20x5 20x4 9,000 8,000 8,500 10,000 11,500 20x5 20x4 400 Required: 1. High-Low Cost Estimation Method a. Use the high-low method to estimate the per-unit variable costs and total faced costs for the canoe product line. Variable cost per unit Total fixed cost s b. Use the high-low method to estimate the per-unit variable costs and total fixed costs for the paddle product line, Variable cost per unit Total fixed cost 2. Cost-Volume-Profit Analysis, Single-Product Setting Use CVP analysis to calculate the break-even point in units for 2. Cost-Volume-Profit Analysis Single Product Setting Use CW analysis to calculate the break p oints for a. The case product line only e ngle-producting BE uni c o b. The paddle product line only u single producten) BE units 3. Cost-Volume-trot Analysis Muleroduct Setting The hotel's accounting system de shown vers es of approximately 300 canoes and 1.200 paddes each son. Significantly more pads are soldative to cances because some inexperienced cance guests accidentally break one or more des, while other guests purchase additional des presents for friends and relatives Indien for this mulle product CVP anayesume the stence of an additional $30,000 of common iced costs for a customer service hotline wed for both cance and podle customers. U CVP analys to calculate the break even point in it for both the c and de productes combined the multiple product setting Cance BE Dadd 4. Cost Class Classify the manufacturing com ing and w e are ho sts the production to periodo A rtigos mer hotline costs are For the period further th e re and administru penses further and a 5. Sensitivity Cost-Volume-ot Analysis and Production Versus Period Costs Multiple Product Setting of both the variable and production contrer to your answer to Requirement 1) s ed the care product in increased by by would need to be sold in order to come of $6.000 Assume the sales and cont a in Cheyand the w theyond the arm the high-low analysis. how cances and des Paddle target come paddes 6. Marina Salut