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Where are the answers located for the following two pages in the 6th addition cornerstones of managerial accounting? Integrative Exercise chapters 1-4 page 170-171

Making the Connection Cost liehavior and Cost-Volume-Prolit Analysis for Many Glacer Hote Marketing Data Number of Total Paddle Number of Total Canoe Year Canoes Sold Marketing Costs Year Paddles SoldMarketing Costs 2012 2011 2010 2009 2008 900 1,200 1,000 1,100 1.400 1,700 $ 7,500 9,000 8,000 8,500 10,000 11,500 $45,000 47,500 2012 2011 275 240 310 350 400 2010 44,000 2009 2008 55,0002007 2007 60,000 Required 1. High-Low Cost Estimation Method a. Use the high-low method to estimate the per-unit variable costs and total fixed costs for the canoe product line. b Use the high-low method to estimate the per-unit variable costs and total fixed costs for the paddie product line. Cost-Volume-Profit Analysis, Single-Product Setting 2. Use CVP analysis to calculate the break-even point in units for a. The canoe product line onlyf.e, single-product setting) b. The paddle product line only f.e, single-product setting) Cost-Volume-Profit Analysis, Multiple-Product Setting The hotel's accounting aon. Significantly more onor moe paddles, whes omultiple-product 1,200 paddles each 3. of approximately 300 canoes and more paddles are sold relative to canoes because some ced canoe guests accidentally break one or more paddles, while other guests purchase for friends and relatives. In addition, for this multiple-product CVP system data show an average sales mix season. additional paddles as presents analysis, assume the existence of an additional $30,000 of common fixed costs for service hotline used for both break-even point in units for both the canoe and paddle s multiple-product setting). canoe and paddle customers. Use CVP analysis to calculate the product lines combined G.e., the 4. Cost Classification a. Classify the manufacturing costs, marketing costs, and customer service hotline costs either as production expenses or period expenses b. For the period expenses, further classify them into either selling expenses or general and administrative expenses. Sensitivity Cost-Volume-Profit Analysis and Production Versus Period Expenses, Multiple-Product Setting 5. If both the variable and fixed production expenses (refer to your answer to Requirement 1) associ- ated with the canoe product line increased by 5% beyond the estimate from the high-low anal- sis), how many canoes and paddles would need to be sold in order to eam a target income of $96,000? Assume the same sales mix and additional fixed costs as in Requirement3. 6. Margin of Safety Calculate the hotel's margin of safety (both in units and in sales dollars) for Many Glacier Hotel, assuming the same facts as in Requirement 3, and it sells 700 canoes and 2,500 paddles next year

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