Using the high-low method calculate the stores total fixed

Reference no: EM13579952

Sporting Goods is a locally owned store that specializes in printing team jerseys. The majority of its business comes from orders for various local teams and organizations. While Larry's prints everything from bowling team jerseys to fraternity/sorority apparel to special event shirts, summer league baseball and softball team jerseys are the company's biggest source of revenue.

A portion of Larry's operating information for the company's last year follows:

Using the high-low method results, calculate the store's expected operating cost if it printed 440 jerseys.

Month	Number of Jerseys Printed	Operating Cost
January	215	5,835
February	195	5,685
March	230	5,930
April	550	8,575
May	675	9,770
June	655	9,260
July	455	6,230
August	375	6,175
September	310	6,005
October	230	5,960
November	185	4,960
December	175	4,800

Using the high-low method, calculate the store's total fixed operating costs and variable operating cost per uniform. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)


Variable cost per unit	$
Fixed cost

Reference no: EM13579952

Questions Cloud

On a period of three hours find the probability that more : on the average there are 5 messages sent per hour to a computer bulletin board. on a period of three hours find the

Heather company uses the weighted-average method in its : heather company uses the weighted-average method in its process-costing system. operating data for the first processing

Prepare the stockholders equity section of shark school : shark school supply corporation was organized in 2011. it was authorized to issue 200000 shares of no-par common stock

Given a level of confidence of 95 and a population standard : given a level of confidence of 95 and a population standard deviation of 9 answer the followinga what other information

Using the high-low method calculate the stores total fixed : sporting goods is a locally owned store that specializes in printing team jerseys. the majority of its business comes

Quantacc carries fixed assets at revalued amounts fixed : quantacc ltd. began operations on january 1 2011 and uses ifrs to prepare its consoliated financial statements.

Include the results of your power analysis in a word : consider your study terrorism ideology and perception of national security strategies by local police conduct a mock

Whats going on in that lab asked derek warren chief : whats going on in that lab? asked derek warren chief administrator for cottonwood hospital as he studied the prior

The waiting time at a certain bank is approximately : the waiting time at a certain bank is approximately normally distributed with a mean of 3.7 min and a standard

User Account

All Pages