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Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain has recorded the following for the past nine months: Number of cavities Month Filled January 575 February 375 March 600 April 300 May 550 June 450 July 700 August 475 September see Total cost $6,350 5,200 6,250 5,150 6,000 5,650 6,350 5,850 5,850 Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. 2. Using these estimates, calculate Mountain's total cost for filing 650 cavities. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the high-low method to estimate total fixed cost and variable cost per cavity filled. (Round your Variable cost per unit to 2 decimal places.) Fred Cost Variable Cost per cavity filled Required 2 > Mountain Dental Services is a specialized dental practice whose only service is filling cavities, Mountain has recorded the following for the past nine months Number of Cavities Month Filled January 575 February 375 March 600 April 300 May S50 June 450 July Tee August 475 September 500 Total Cost $6.350 5,200 6,250 5,150 6,000 5,650 6,350 5,850 5,850 Required: 1. Use the high-low method to estimate total fixed cost and variable cost per cavity filled. 2. Using these estimates, calculate Mountain's total cost for filing 650 cavities Complete this question by entering your answers in the tabs below Required 1 Required 2 Using these, estimates, calculate Mountain's total cost for Filling 650 cavities tam To Cost (Required 1 Required Information Camp Rainbow offers overnight summer camp programs for children ages 10-14 every summer during June and July Each camp session is one week and can accommodate up to 200 children. The camp is not coed, so boys attend during the odd-numbered weeks and girls attend during the even-numbered weeks. While at the camp. participants make crafts participate in various sports, help care for the camp's resident animals, have cookouts and hayrides, and help assemble toys for local underprivileged children The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on site regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer Number of Cost to Run Campers 94 38,630 140 11,740 208 120 118 PE Camp 1 2 3 4 5 9,400 9,010 8,610 8,680 9,590 7 ge 124 Intercept X Variable 1 Coefficients 3,442.88 52.62 Suppose that Rainbow is contemplating staying open one additional week during the summer. Required: 1. Using the results of the least squares regression analysis, determine Rainbow's contribution margin per camper if each camper pays $163 to attend the camp for a week 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 96 campers that week. 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the results of the least squares regression analysis, determine Rainbow's contribution margin per camper each camper pays $163 to attend the camp for a week. (Round your unit contribution margin and contribution margin percentage ratio to two decimal places (ie. 0.1234 should be entered as 12.3496.)) per camper Unit Contribution Margin Contribution Margin Ratio 118 lee ge 124 9, ale 8,61 8,68e 9,590 Intercept X Variable 1 Coefficients 3,442.88 52.62 Suppose that Rainbow is contemplating staying open one additional week during the summer. Required: 1. Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each camper $163 to attend the camp for a week 2. Using the results of the least squares regression analysis, prepare a contribution margiin income statement for week 9 assumin Rainbow expects to have 96 campers that week 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 assuming Rainbow expects to have 96 campers that week. (Round your intermediate calculations and final answers to 2 decimal places.) CAMP RAINBOW Contribution Margin Income Statement For Fossible sth Week Contribution Margin Net Operating Income toys for local underprivileged children The camp provides all food as well as materials for all craft classes and the toys to be assembled. One cabin can accommodate up to 10 children, and one camp counselor is assigned to each cabin. Three camp managers are on-s regardless of the number of campers enrolled. Following is the cost information for Camp Rainbow's operations last summer Week 1 2 3 4 5 Number of Campers 94 140 108 120 118 lee ge 124 Cast to Run Camp $8,630 11,740 8,830 9,480 9,810 8,610 8,689 9,590 8 Intercept X Variable 1 Coefficients 3,442.88 52.62 Suppose that Rainbow is contemplating staying open one additional week during the summer. Required: 1. Using the results of the least-squares regression analysis, determine Rainbow's contribution margin per camper if each ce $163 to attend the camp for a week. 2. Using the results of the least-squares regression analysis, prepare a contribution margin income statement for week 9 as Rainbow expects to have 96 campers that week. 3. Should Rainbow add a ninth week to its schedule? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Should Rainbow add a ninth week to its schedule? Should Rainbow add a ninth week to its schedule?
