Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 19 Aug 2017 My Price 8.00

gallery’s costs

Exercise 3-29  Mixed Costs and Cost Formula

Refer to the information for Ben Palman’s art gallery on the previous page.

 

Required:

1.       Assume that the cost driver is number of opening shows. Develop the cost formula for the gallery’s costs for a year.

2.       Using the formula developed in Requirement 1, what is the total cost for Ben in a year with 12 opening shows? With 14 opening shows?

 

 

 

 

 

 

 

 

 

Month

Tanning  Appointments

Total Cost

January

1,600

$1,754

February

2,000

2,140

March

3,500

2,790

April

2,500

2,400

May

1,500

1,790

June

2,300

2,275

July

2,150

2,200

August

3,000

2,640

 

 

 

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 19 Aug 2017 01:08 PM My Price 8.00

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