Answer:
Variable cost per unit= $0.10
Explanation:
Giving the following information:
Cost Machine Hours
March $3,106 15,176
April 2,668 9,558
May 2,892 11,947
June 3,538 17,899
<u>To calculate the variable cost under the high-low method, we need to use the following formula:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (3,583 - 2,668) / (17,899 - 9,558)
Variable cost per unit= $0.10
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Answer:
Explanation:
The journal entry is shown below:
Work in Process-Molding A/c Dr $3,000
To Accounts Payable Control $3,000
(Being the purchase and used production is recorded)
The computation of the purchase amount is shown below:
= Number of kgs purchased × price per kg
= 500 kgs × $60
= $3,000
The other information which is given is not considered. Thus, ignored it
To obtain $225,000 in 18 years it is necessary to save or invest at least 1,041.66 every month and 12,500 every year.
We know the total money that needs to be saved to cover college education is $225,000 and the time to save up this money is 18 years. Based on these two details, let's find out how much you need to save every month and every year.
Total of months:
- 12 months x 18 years = 216 months.
The total you need to save per month:
- $225,000 / 216 = 1,041.66.
The total you need to save per year:
- 1,041.66 x 12 = 12,499.99 that can be rounded as 12,500.
Note: This question seems to be incomplete; however, I answered it based on the information provided.
Learn more in: brainly.com/question/11508361
It would be a good or reasonable Price
