Answered: B) If one birchbark canoe can travel up…

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6MTC: Calculate the hotels margin of safety (both in units and in sales dollars) for Many Glacier Hotel,...

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A) A boat has a diesel fuel tank capacity of 100 L. A particular gas station near the Bridge charges a service charge of $6.00 plus $1.80 per liter of diesel. In this case, we can model the cost of diesel by C(n) = 1.80n + 6.00, where C is the cost of the diesel in dollars and n is the number of liters. If the sailboat uses the gas station to fill up, what would be the domain for the equation, the range of costs, and the independent and dependent variables? B) If one birchbark canoe can travel up to 16 km/h, then the equation for distance versus time would be s(t) = 16t, where s is the distance traveled in km and t is the time in hours. Is this a linear or non-linear relationship? How far does the canoe travel after 3 hours? 5 hours? C) One particular game sells for $60 and there is a monthly fee of $8 for playing the game with other players online. Make up variables for the independent and dependent variable and explain their meaning. Then create an equation that can represent the cost of playing this game over time. How much would you have spent if you played the game for 2 full years?

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