Based on the given above, in order to determine the present
value, the amount you needed should be divided from 1 plus the 2.6 compounded
annually on the savings which will be multiplied to three.
It goes as;
Present value = $6,500 / (1 + 0.026) 3 = $6,018.26
They need to deposit $6,018.26 today to pay for the entire
party.
Variable cost remains constant per unit at various levels of activity
Answer:
The activity rate for the machine setup cost pool is $160.00
Explanation:
The activity rate for machine setup cost pool is computed as :
machine setup costs/number of setups
Machine set up costs is $41600
Number of setups is 260 setups
Activity rate for machine setup=$41600/260
=$160.00
The activity rate for machine setup is $160 per setup
Activity rate shows how much per activity is allocated to product under activity based.
Determining activity rate is the of one steps to be taken in Activity Based Costing and Activity Based Management
The other steps include:
Identification of activity incurring costs
Assigning costs to activity
Assignment of costs to cost objects and so on.
some thrive in extreme heat or cold.
The cost of renting the skies at a local sporting goods store is given and we have to find the suitable equation which supports the given data.
Given
cost of renting is $15
Per day cost $20
<h3>Fixed and Fluctuating cost</h3>
The renting cost is $15 and is a fixed cost which will remain constant i.e. $15 , no matter you rent skies for how many days.
The cost per day for renting skies is a fluctuating cost and it will change with the change in number of days.
The equation should be 
where;
$20 is the price per day
d represents the number of days
$15 is the rental price
Therefore the equation that models the relationship between the total cost to rent, c, and the length of the rental in days, d is "
" and OPTION C is correct.
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