I have included the answers according to the hw notes;
I have included the answers according to the hw notes; however, my
answers come out wrong. Please answer problem step by step from the beginning so that I can see how you came to the answer.
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HW 121.Bubba’s Steakhouse has budgeted the following costs for a month in which 1, 600 steak dinnerswill be produced and sold;Materials = $4080Hourly Labor (Variable) = $5200Rent (Fixed) = $1, 570DepreciaTon = $760Other = $540Each steak dinner sells for $13.60 each. How much would Shula’s pro±t increase if 10 moredinners were sold?*The answer is 78. Please break down step by step all calcula±ons from the very beginning.2. Susan is trying to decide whether or not to a²end college during the next 12-week session. She hasthe following opTons:1. A²end college full-Tme at a cost of $1,2002. A²end college part-Tme at a cost of $400 and work part-Tme earning $1, 6003. Work full-Tme earning $4, 800What is Susan’s incremental pro±t if she chooses opTon 3 over opTon 2?*The answer is 3,600. Please break down step by step all calcula±ons from the very beginning.3. ³otal costs were $79,000 when 28,000 units were produced and $92,500 when 39,000 units wereproduced. Use the high-low method to ±nd the esTmated total costs for a producTon level of 32,000units*The answer is 84, 381.56.Please break down step by step all calcula±ons from the very beginning.4. Swimkids is a swimsuit manufacturer. ³hey sell swim suits at a selling price of $30 per unit. Swimkidsvariable costs are $18 per unit. Fixed costs are $81,000. Swimkids expects sales of $274,200 next year.What is Swimkid’s margin of safety (in dollars)?*The answer is 71, 700. Please break down step by step all calcula±ons from the very beginning.
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