# Ac552 Cost Accounting Week 1 Homework

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AC552
Week 5 Homework
Please complete the below problems and submit your answers in the Week 1 Dropbox. See "Syllabus/Due Dates for Assignments & Exams" for due date information. 1. You are on a tight budget and need to decide between the following 3 texting plans:
Plan A: Pay \$0.10 per text
Plan B: Pay a fixed monthly fee of \$15 for up to 500 texts per month and \$0.08 for each text over the 500.
Plan C: Pay a fixed monthly fee of \$25 for up to 1,000 texts per month and \$0.05 for each text over the 1,000. Requirements a. Draw a graph of the total monthly cost of the three plans for different levels of texting. b. Which plan should you choose if you expect to make: i. 240 texts per month? ii. 780 texts per month? iii. 1,250 texts per month? Comparison of Monthly Costs of Texting Plans | # of texts | Plan A: \$0.10 per text | Plan B Costs: \$15 up to 500 (\$.08 per Text over 500) | Plan C Costs: \$25 up to 1000(\$.05 per Text over 1000) | 0 | 0 | \$ 15.00 | \$ 25.00 | 50 | \$ 5.00 | \$ 15.00 | \$ 25.00 | 100 | \$ 10.00 | \$ 15.00 | \$ 25.00 | 240 | \$ 24.00 | \$ 15.00 | \$ 25.00 | 300 | \$ 30.00 | \$ 15.00 | \$ 25.00 | 500 | \$ 50.00 | \$ 15.00 | \$ 25.00 | 780 | \$ 78.00 | \$ 37.40 | \$ 25.00 | 1000 | \$ 100.00 | \$ 55.00 | \$ 25.00 | 1250 | \$ 125.00 | \$ 75.00 | \$ 37.50 | 1500 | \$ 150.00 | \$ 95.00 | \$ 50.00 | 1750 | \$ 175.00 | \$ 115.00 | \$ 62.50 | 2000 | \$ 200.00 | \$ 135.00 | \$ 75.00 |

1. In 3 – 4 sentences, define the following terms

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