The variable cost was 5.40 fixed cost was 1500 After graduating from dental school two years ago, Dr. Elizabeth Brown purchased the dental practice of a long-time dentist whowas retiring. In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist.Now, as she is preparing her budget for next year, she is concerned about understanding how her cost for sterilizing her dentalinstruments has changed. She has gathered the following information from her records:MonthNumber of instruments usedTotal autoclave cost850$6,115January7505,550February9206,551March9506,980April7,7101,150May6,498900June7,6451,050July6,921975August What is the cost formula that Dr. Brown should use for estimating autoclave sterilization costs for next year's budget?Formula of total cost($5.40 ÷ # of instruments) + $1,500.00($5.40 x # of instruments) - $1,500.00($5.40 x # of instruments) + $1,500.00($1,500.00 ÷ # of instruments) + $5.40($1,500.00 x # of instruments) + $5.40($5.40 + # of instruments) - $1,500.00eTextbook and MediaSave for Later($1,500.00 x # of instruments) - $5.40($1,500.00 # of instruments) - $5.40Attempts: 0 of 2 usedSubmit Answer

Variable cost per instrument = (High level activity cost - Low level activity cost)/(High level…

After graduating from dental school two years ago, Dr. Elizabeth Brown purchased the dental practice of a long-time dentist who was retiring. In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist. Now, as she is preparing her budget for next year, she is concerned about understanding how her cost for sterilizing her dental instruments has changed. She has gathered the following information from her records: Month Number of instruments used Total autoclave cost January 850 $6,115 February 750 5,550 March 920 6,551 April 950 6,980 1,150 7,710 May 900 6,498 June 1,050 7,645 July 975 6,921 August

After graduating from dental school two years ago, Dr. Elizabeth Brown purchased the dental practice of a long-time dentist who was retiring. In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist. Now, as she is preparing her budget for next year, she is concerned about understanding how her cost for sterilizing her dental instruments has changed. She has gathered the following information from her records: Month Number of instruments used Total autoclave cost January 850 $6,115 February 750 5,550 March 920 6,551 April 950 6,980 1,150 7,710 May 900 6,498 June 1,050 7,645 July 975 6,921 August

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter6: Business Expenses

Section: Chapter Questions

Problem 35P

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After graduating from dental school two years ago, Dr. Betty Harris purchased the dental practice of a long-time dentist who was retiring. In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist. Now, as she is preparing her budget for next year, she is concerned about understanding how her cost for sterilizing her dental instruments has changed. She has gathered the following information from her records: Month Number of instruments used Total autoclave cost January 850 $7,780 February 750 7,125 March 920 8,279 April 950 8,735 May 1,150 9,645 June 900 8,208 July 1,050 9,490 August 975 8,699 (a) Identify the high and low points. Activity Level $ High point enter the activity level for high point $enter the high point in dollars Low point enter the…
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What is the VC for this please? I came up with 1.44 but getting a message this is incorrect. After graduating from dental school two years ago, Dr. Lauren Farish purchased the dental practice of a long-time dentist who was retiring. In January of this year, she had to replace the outdated autoclave equipment she inherited from the previous dentist. Now, as she is preparing her budget for next year, she is concerned about understanding how her cost for sterilizing her dental instruments has changed. She has gathered the following information from her records: Month Number of instruments used Total autoclave cost January 850 $7,600 February 750 6,800 March 920 8,200 April 950 8,600 May 1,150 9,900 June 900 8,100 July 1,050 9,600 August 975 8,700 (a) Partially correct answer icon Your answer is partially correct. Identify the high…
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