Cole is computing variable cost per unit using the high‐low method. The highest level of activity is 725 machine hours at a total cost of $1,900. The lowest level of activity is 225 machine hours at a total cost of $1,000. What is the variable cost per unit?

Answers

Answer 1

Answer:

Variable cost per unit= $1.8

Explanation:

Giving the following information:

The highest level of activity is 725 machine hours at a total cost of $1,900. The lowest level of activity is 225 machine hours at a total cost of $1,000.

To calculate the unitary variable cost, we need to use the highlow method:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (1,900 - 1,000) / (725 - 225)

Variable cost per unit= $1.8


Related Questions

"Texans who are temporarily out of work, through no fault of their own, may qualify for up to 52 weeks of unemployment benefits. These benefits are based"

Answers

Correct/Complete Question:

Texans who are temporarily out of work, through no fault of their own, may qualify for up to 52 weeks of unemployment benefits. These benefits are based on highest past quarterly earnings, but can be at most ______________ per week.

Answer:

$465

Explanation:

From the question above, $465 is the highest amount that can be paid to unemployed Texans per week. It can also be seen that the basis for such payment is highest past quarterly earnings.

This means that unemployed persons who will receive unemployment benefits have to have had the highest quarterly earnings in the past when they were employed.

Cheers.

During a recession, the government spends $100 million to stimulate the economy. If the marginal propensity to consume is 0.8, what will be the potential increase in income in the economy as a result of the government increase in the spending level

Answers

Answer:

Potential increase in income = $500 million

Explanation:

Expenditure Multiplier is the amount by which the real GDP will change if autonomous expenditure changes by a given amount.  

The real GDP will change in greater proportion or magnitude as a result of a unit change in any of the component aggregate expenditure. This is called the multiplier effect

The expenditure multiplier is calculated as follows: 1/(1-MPC).

MPC is the portion of additional income that is spent. If the MPC is 0.8, then the expenditure multiplier will be = 1/(1-0.8) = 5

Using the with an date from the question in government spending by $million, the resulting change in GDP would be  

Change in GDP = change in autonomous expenditure × Multiplier

= 100 × 5 = $500 million

Potential increase in income = $500 million

Any individual who, for compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application, must be licensed as a

Answers

Answer:

Any individual who, for compensation or gain, takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan application, must be licensed as a Commercial Mortgage Banker License

Explanation:

Assume an increase in investment spending by $100, and a marginal propensity to consume (MPC) of 0.6. How much would GDP increase after the $100 was absorbed by the economy due to the multiplier effect

Answers

Answer:

The increase in GDP is $250

Explanation:

The increase in investment spending = $100

Marginal propensity to consume = 0.6

Now we have to find an increase in the GDP after absorbing the $100.

Therefore, we need to find the multiplier by using the marginal propensity to consume.

Multiplier = 1 / (1-MPC)

Multiplier = 1/( 1- 0.6)

Multiplier = 2.5

The increase in GDP = increase in investment spending × Multiplier

The increase in GDP = 100 × 2.5 = $250

"A customer who has a fully paid long position in ABC stock goes "short against the box" for a credit to his account of $50,000. ABC is a NASDAQ stock. The minimum maintenance margin requirement is:"

Answers

Answer: 2500

Explanation:

From the question, we are informed that acustomer who has a fully paid long position in ABC stock goes "short against the box" for a credit to his account of $50,000 and that ABC is a NASDAQ stock.

Then, to get the minimum maintenance margin requirement, we should know that FINRA has a 5% minimum maintenance margin on the long side. This will then be:

= 5% of 50,000

= 5% × 50,000

= 2500 minimum

The Intel Inside campaign promoting both the Intel Corporation and its Pentium-brand processors in conjunction with advertising for various brands of personal computers is an example of: Group of answer choices

Answers

Complete Question:

The Intel Inside campaign promoting both the Intel Corporation and its Pentium-brand processors in conjunction with advertising for various brands of personal computers is an example of:

A) brand equity.

B) brand symbol.

C) co-branding.

D) brand extension.

E) brand loyalty.

Answer:

C) co-branding.

Explanation:

The Intel Inside campaign promoting both the Intel Corporation and its Pentium-brand processors in conjunction with advertising for various brands of personal computers is an example of co-branding.

Co-branding can be defined as a strategic marketing plan that involves the use of multiple (two or more) brand names on a merchandise and the marketing of such products with the multiple names.

In this scenario, the Intel Inside campaign makes use of two (2) brand names; Intel Corporation and Pentium-brand processors.

Assume that the standard cost to make one unit of product includes 12 units of raw materials at a price of $2 per unit. In Aug, 17,000 units of raw materials were purchased for $50,800, and 12,300 units of raw materials were used to produce 1,000 units of finished product.
What is the materials quantity variance?
a) $1,200 (U)
b) $ 600 (U)
c) $ 600 (F)
d) $1,800 (U)

Answers

Answer:

Direct material quantity variance= $600 unfavorable

Explanation:

Giving the following information:

Standard= 12 units of raw materials for $2 per unit.

Actual: 12,300 units of raw materials were used to produce 1,000 units.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 12*1,000= 12,000

Direct material quantity variance= (12,000 - 12,300)*2

Direct material quantity variance= $600 unfavorable

One term is used to identify a collection of activities designed to gain access to personal and corporate information. The activities include Phishing, scams and hoaxes aimed at getting individuals to compromise sensitive data. What is the term for this activity?

Answers

Answer: Social engineering

Explanation:

Social engineering is simply the use of deceit in order to manipulate individuals so that they can give out personal and confidential information about themselves which will be used for fraud.

The activities involved in social engineering are phishing, scams and hoaxes aimed at getting individuals to compromise sensitive data.

Architecture drafter

Answers

Huh? I don’t see what the q is here? Answer is

What step in the investigative process would the development of timelines and interpretation of burn patterns be related to?

Answers

Answer:

Data Analysis

Explanation:

During a fire outbreak which could be accidental or incidental, information is first collected both from witnesses and observation. After this, timelines are developed in a bid to develop inductive reasoning as to the patterns in the timing of the fire outbreak. Burn patterns are also analyzed to provide an indication as to the origin and cause of the fire.

It is important that the timelines and patterns being analyzed are based on facts that are verifiable and not speculations. This is important because working with incorrect information would lead to the development of the wrong hypothesis.  

The Leadership Grid includes 5 models of management. ______ is a model with the highest concern for production and the lowest concern for people (9,1).

Answers

Answer:

authoritarian model in which the management only focus on its production and profits but neglect it's workers, or the community. it had less people skills but strong on tasks-related goals

Autocratic is a model with the highest concern for production and the lowest concern for people.

What is Autocratic Leadership?an autocratic leader exercises complete control over the subordinatesalso known as Boss centered leadership.he centralizes power to himself only and takes all the decisionshe does not delegate authority, also gives reward and puts penalty to direct the subordinates.

hence, Autocratic Leadership is a model with the highest concern for production and the lowest concern for people.

to know more about autocratic leadership model refer to:

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If a Veteran wanted to buy a $60,000 house in a city with a population of 100,000 people, which of the following loans could he NOT apply for?
a. VA loan
b. FHA loan
c. RECD loand. Conventional loan

Answers

Answer:

RECD loan

Explanation:

RECD , an acronym for rural economic development loan is a type of loan, either guaranteed or direct, specifically meant for the funding of rural projects by utilizing organizations , with creation and retention of rural jobs as one of its benefit.

A city with a population of 100,000 people is apparently not mis-classified as a city. , and on that note , RECD is not applicable to it.

The other types of loans like the VA and the conventional loans can be utilized to finance the acquisition of properties in a city settlement.The FHA can also acts as an insurance .

The rule that bans providers of mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer from their lender or servicer that they decide is acceptable is the

Answers

Answer:

The Mortgage Assistance Relief Services (MARS) rule.

Explanation:

The rule that bans providers of mortgage foreclosure rescue and loan modification services from collecting fees until homeowners have a written offer from their lender or servicer that they decide is acceptable is the The Mortgage Assistance Relief Services (MARS) rule.

Under the Uniform Securities Act, which of the following negates a client's right to a civil suit for damages?
I. The advice that is the subject of the suit was given more than 3 years ago
II. The client has died
III. The client willingly signed a statement waiving the adviser's compliance with the provision of the act on which the suit is based

Answers

Answer:

I

Explanation:

The Uniform securities act is a framework that serves to protect investors as it guides the states securities regulation in managing security related fraud and also helps the security exchange commission's enforcement and regulation .

It allows the clients right to civil suit for damages under certain conditions except a situation such as when the advice that is the subject of the suit was given more than three years ago.

A civil suit can only be filed on the earlier of "within 3 years of the alleged infraction or 2 years of the discovering of the violation"

"An officer of a company has been invited by a large mutual fund company to give a talk to the fund company's analysts about its business plans and prospects. At the talk, the officer inadvertently discloses material information that could affect the stock's price. Which statements are TRUE?"

Answers

Complete/Correct Question:

An officer of a company has been invited by a large mutual fund company to give a talk to the fund company's analysts about its business plans and prospects. At the talk, the officer inadvertently discloses material information that could affect the stock's price. Which statements are TRUE?

I A public announcement of the news must be made within 24 hours

II A public announcement of the news must be made within 10 business days

III The company must file an 8K with the SEC disclosing the information to avoid insider trading liability

IV The company must file a 10K with the SEC disclosing the information to avoid insider trading liability

Answer:

i and iii

Explanation:

Under the Securities Exchange Act of 1934, insurance coverage for a customer accounts at any broker-dealer must be provided by the Securities Investor Protection Corporation, SIPC. Also,broker-dealers that handle non-exempt securities must be registered

By the above statements, if a a bank has customers that have both exempt and non-exempt securities, such bank is mandated to register as a broker-dealer according to the Securities Exchange Act of 1934 and as a matter of fact register under SIPC.

Cheers.  

To study the effect of price on Frank's demand for premium movie channels, economists hold his monthly income constant. This is an example of a(n) ___

Answers

Answer:

The appropriate answer will be "Ceteris paribus ".

Explanation:

This widely commonly utilized expression continues to stand for 'unaffected as well as constant include all stuff.'It has been used in economic principles to figure or conquer out the probability of attempting to change 'certain' causes, i.e. focusing on either the basic cause and effect relationship between two continuous variables.

So that the given statement would be the example of Ceteris paribus.

If your tires have less than 30% of tread remaining, your stopping
distance will be ____ compared to new tires.

A)Doubled
B)Quadrupled
C) The same

Answers

Answer:

B

Explanation:

Gracey's Department Stores has $200,000 of 6% noncumulative, nonparticipating, preferred stock outstanding. Gracey's also has $600,000 of common stock outstanding. During its first year, the company paid cash dividends of $30,000. This dividend should be distributed as follows:__________
a) $0 preferred; $30,000 common.
b) $15,000 preferred; $15,000 common.
c) $30,000 preferred; $0 common.
d) $6,000 preferred; $24,000 common.
e) $12,000 preferred; $18,000 common.

Answers

Answer:

e) $12,000 preferred; $18,000 common.

Explanation:

Dividend (Preferred) = 6% * Preferred stock outstanding

= 5% * $200,000

= $12,000

Dividend common = $30,000 - $12,000

= $18,000

Hence, the Cash dividend to preferred shareholders is $12,000 and that to common shareholder is $18,000

Suppose Marcus eats nothing but burritos for dinner. He buys 30 burritos each month. During the last couple of weeks, Marcus noticed an increase in the price of burritos. The price of burritos rose from $5.50 per burrito last month to $6.60 per burrito this month. Assume that Marcus has a fixed income of $165 that he can spend on burritos. How many burritos can Marcus afford to buy at the new price of $6.60?

Answers

Answer:

Marcus can buy 25 burritos.

Explanation:

Giving the following information:

The price of burritos rose from $5.50 per burrito last month to $6.60 per burrito this month.

Assume that Marcus has a fixed income of $165 that he can spend on burritos.

To calculate the number of burritos that Marcus can afford, we need to use the following formula:

Quantity= total income / unitary cost

Q= 165/6.6

Q= 25 burritos

_______ stores are often large department stores, usually located at the ends of the arms of a mall, where they generate heavy traffic for the small stores between them.

Answers

Answer:

Anchor

Explanation:

Answer:

ANCHOR

Explanation:

HOPE I HELPED

PLS MARK BRAINLIEST

DESPERATELY TRYING TO LEVEL UP

✌ -ZYLYNN JADE ARDENNE

JUST A RANDOM GIRL WANTING TO HELP PEOPLE!

                           PEACE!


Which kind of guitar has a hollow body (it does not require electric amplification) and uses metal strings?​

Answers

Answer:

Electric Guitar

Explanation:

An electric guitar is a guitar that requires external amplification in order to be heard at typical performance volumes. It uses one or more pickups to convert the vibration of its strings into electrical signals, which ultimately are reproduced as sound by loudspeakers.

The germane family has found the perfect house in thessaloniki, greece that they would like to use for their summer vacation. to purchase this $1,000,000 beach house, their bank requires a 40% down payment, which the germane family plans to have saved 5 years from now. they earn $8,000 per month, and their savings account earns 6% interest compounded monthly. what amount must be saved each month?

Answers

Answer:

Saving each month is $5733.12

Explanation:

The down payment amount = $1000000 × 40% = $400000

The per month earning = $8000

The earning from saving account = 6%

We have to find the amount that will be saved per month by using the above information.

Interest rate per month = 6% / 12 = 0.5% or 0.005  

Number of periods = 6 ×12 = 60

Future value of annuity = $400000

Saving each month = FV / ([(1+r)^n-1] / r)

Saving each month = 400000 / (((1 + 0.50%)^60 – 1)/ 0.50%

Saving each month = 5733.12

In a world with no taxes, MM show that a firm's capital structure does not affect the firm's value. However, when taxes are considered, MM show a positive relationship between debt and value, i.e., its value rises as its debt is increased.A. TrueB. False

Answers

Answer:

True

Explanation:

According to MM, without taxes, the market value of the company is not affected by capital structure. As a result, the WACC is unaffected by capital structure. Here, the value of a company is determined by cash flows.

In the case where there is tax, the value of a company with debt is greater than that of the same company without debt for the same level of income.

A clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid, is :

Answers

Answer: partial release clause

Explanation:

The partial release clause is regarded as a clause which provides for deeds to portions of land to be conveyed as certain percentages of the contract price are paid.

The partial release clause simply states that when the balance on a mortgage has been paid to a particular amount, the lenders will have to release a parcel.

The ________ states that the terms of a written contract may not be changed by evidence of any prior agreement but may be explained or supplemented

Answers

Answer:

Parol evidence rule

Explanation:

Parole evidence rule is a provision of the law that limits the extent to which a present agreement under consideration can be modified by previous agreements.

For example if two parties make an agreement and put it in writing as a contract, this law does not allow previous agreements like an oral agreement to be introduced to modify the contract under consideration.

Any prior agreement cannot be used to interpret the present one.

Myles, a typesetter, tried to organize a union in his nonunion printing shop. A year and a half ago a vote rejected unionization. Now he has secured authorization cards signed by 100 of the 200 workers. What else does he need to do before having another union election

Answers

Answer: Petition NLRB for an election

Explanation:

Unions are one of the forms to bring reform in most societies and organization. This consist of people working in an organization or society and want to see a better results from the existing they have always known. For this change to be carried out despite the union, there needs to be an election and for that election to hold the body that forms the organization has to give an approval for such. This is called petitioning.

"The market price average is decreasing daily; however, the level of declines relative to advances is falling. The market is reaching a(n):"

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

A) Overbought condition.

B) Oversold condition.

C) Breakout on the upside.

D) Breakout on the downside.

And the correct answer is the option B: Oversold condition.

Explanation:

To begin with, the name of "Oversold Condition" refers to the situation where the price of an asset has reach a certain level that is relative low in comparison with the prices that it has have before. That situation can last for a long period of time so the most prudent way to act in the eyes of a trader is to wait until the price base out and start increasing.

So that situation in where the market price average is decreasing and reaching to its bottom is called Oversold Condition.

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is:

Answers

Answer:

Differential cost

Explanation:

Differential cost is defined as variance in cost that will be incurred between two courses of action. This is used to evaluate the best option of two investments under consideration.

The option that has more revenue will have less cost. So differential cost calculation is used to determine line of action that will bring least cost.

For example if one alternative action will entail use of a warehouse of $30,000, and the alternative is to use just in time inventory practice thereby requiring $10,000 in storage cost.

The best option is the just in time option

A company Issued 35,000 shares of $.50 par value common stock at $25.50 per share. The journal entry to record this transaction is:

Answers

Answer:

Cash $892,500 (debit)

Common Stock $17,500 (credit)

Share Premium $875,000 (credit)

Explanation:

For par value shares, any price paid above the par value on stock issued is accounted for in the Share Premium Reserve.

Note from this question $25 is paid over and above the par value of $0.25, thus it is accounted in share premium reserve.

Journal entries are the entries that are recorded to maintain the daily record of the cash inflow and outflow of the firm. The inflow and outflow is recorded in order to avoid chaos in the accounting of the firm.

The Journal entry to record the above transaction is:

Cash $892,500 (debit)

     Common Stock $17,500 (credit)

     Share Premium $875,000 (credit)

(Being the entry for the issue of stock has been recorded)

Whatever amount paid far above common shares on stock issued is accounted for in the Owner's Equity Reservation for par value shares.

Because $25 is paid over and above the par value of $0.25 in this question, it is compensated for in the share premium reserve.

To know more about the Journal entries, refer to the link below:

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The sogo shosha of Japan:_______

a. proactively and continuously seek export opportunities for their affiliated companies.
b. exclusively serve the largest and most prestigious companies in Japan.
c. have offices concentrated in the business district of Tokyo.
d. have monopolized the export market in the country.
e. consider export only when there is excess production at home.

Answers

Answer:

the answer is A proactively and continuously seek export opportunities for their affiliated companies

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