Answer:
$50.57 ; $175,573.6
Explanation:
The computation of the fixed and variable portions of overhead costs based on machine-hours using high low method is shown below:
Variable cost per hour = (High Overhead cost - low overhead cost) ÷ (High machine hours - low service hours)
= ($581,145 - $503,775) ÷ (8,020 hours - 6,490 hours)
= $77,370 ÷ 1,530 hours
= $50.57
Now the fixed cost equal to
= High overhead cost - (High machine hours × Variable cost per hour)
= $581,145 - (8,020 hours × $50.57)
= $581,145 - $405,571.4
= $175,573.60
Answer:
a safety manual
Explanation:
OSHA = Occupational Safety and Health Administration
The author of this passage that discusses the troubles farms face in covering their costs with funds from the government would most likely argue that farms rely too much on funding (specifically governmental funding), and they should attempt to make their own money if possible. Also the author would argue that government funding is often not enough and farms should attempt to raise their own funds or revenues privately.
Answer:
Option (A) is the correct answer to this question.
Explanation:
The cessation of the Sporty line would forfeit the profits produced by the Sporty line business, but the business (Beautiful Watches) will have to bear the $38,000 fixed expenses involved by Spotify Watches.
However, if production continued, the Sporty watches would have suffered a loss of $32,000. The company will bear fixed costs regardless of whether the company continues or discontinues the Sporty line market.
Accordingly, the gross operating profits should have been
= Total operating expenses - ( $ 38000 - $ 32000)
= $ 55000 - ( $ 38000 - $ 32000)
= $ 55000 - $ 6000
= $ 49000
There is also a fall of $6000 ($55000-$49000) in operating profits.
Other options are incorrect because they are not related to the given scenario.
Answer:
$8000
Explanation:
Based on the fact that she didn't purchase the stock initially At $10000, but she was gifted it at $8000 her bases upon which she will derive profit or loss from is $8000
