Answer:
Missing word <em>"Use the high-low method to determine operating cost equation y=$_____, x + $ = ____"
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Cost on (800*90%)=720 units is 220,040
Cost on (800*80%) = 640 Units is 215,480
Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit
Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000
<u>Cost equation: </u>
Total cost = Fixed cost + Variable cost per unit
Y = 179000 + 57X
Y = 179000 + (57*440)
Y = $204,080
A because debt financing is really important
I believe the answer is D: Horizontal.
Answer:
monetary policy is primarily concerned with the management of interest rates and total supply of money in circulation and is generally carried out by central banks. and monetary policy is conducted by federal reserve by managing the level of short-term interests rates and influencing the overall availability and costs of credit in the economy.
fiscal policy is collective term for the taxing and spending actions of governments. fiscal policy is conducted by both executives and legislative branches of the government.
Using the lower-of-cost-or-market rule, what is the cost of goods sold for Hodges is: C. $989,020.
<h3>Cost of good sold</h3>
Using this formula
Cost of goods sold=Goods available for sale-Inventory balance
Where:
Goods available for sale=$1,074,450
Inventory balance=$85,430
Let plug in the formula
Cost of good sold=$1,074,450-$85,430
Cost of good sold=$989,020
Inconclusion Using the lower-of-cost-or-market rule, what is the cost of goods sold for Hodges is: C. $989,020.
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