1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sleet_krkn [62]
1 year ago
5

professional university teaches a large range of undergraduate courses. it is interested in determining the cost equation for th

e facilities cost as a function of student credit hours so that it an more accurately budget its facilities costs as enrollment grows. information for the high and low cost semesters and volumes for last 5 years appears below semester student credit hours facilities cost spring 2007 250,000 $500,000 fall 2004 300,000 $530,000 using the high low method, with student credit hours as the activity driver, what is the equation for facilities cost (fc) as a function of student credit hours?
Business
1 answer:
Rufina [12.5K]1 year ago
8 0

The equation for facilities cost (fc) as a function of student credit hours is 350000 + .60 per credit hour

<h3>How are facility costs calculated?</h3>

Ongoing operating expenses for the facility consist of property taxes, utilities, site maintenance and landscaping, insurance, and facility maintenance and repair costs. Add up the total amount spent on each expense category to determine its cost. Breaking down building costs reveals how much it really costs to run a business. More importantly, there's information about potential savings. Examples include building and equipment depreciation, operation and maintenance, administrative assistance, library services, and student services.

The variable cost per student credit hour = change in cost/change in credit hours

= [530000 - 500000] / [300000 - 25000]

= 30000 / 50000= $ .60 per credit hour

Fixed cost at highest activity = 530000 - [300000 * 0.6]

= 530000 - 180000

= 350000 Cost function

= 350000 + .60 per credit hour

To learn more about facility cost, visit: brainly.com/question/28336283

#SPJ4              

You might be interested in
Exit Assignm
katrin [286]

Answer:

Explanation:3123213213213213

7 0
3 years ago
Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in im
skelet666 [1.2K]

Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in improved relationships with suppliers, customers and employees.

<h3>What are cultural implications?</h3>

The impacts of a policy, event, activity or movement on a particular culture are referred to as cultural implications.

External and internal events can weaken, change, or reinforce specific parts of a culture, affecting the success of cultural globalization.

In the long term, developing a cultural knowledge can considerably improve workplace interactions, resulting in improved connections with suppliers, customers, and employees.

Therefore, option D is correct.

To learn more about the cultural implications, refer to:

brainly.com/question/15373432

#SPJ1

3 0
2 years ago
A 20-year loan of 2,500 is repaid with payments at the end of each year. Each of the first ten payments equals 175% of the amoun
Firdavs [7]

Answer:

The answer is 156.25

Explanation:

In the 1st year:

- Interest: 2,500 x 5% = 125

- Payment amount: 125  x 175% = 218.75

- Principal: 218.75 - 125 = 93.75

Hence, the principal payment in 20 year loan as follow:

10 x 93.75 + 10 x X = 2,500

=> X = 156.25

4 0
3 years ago
Bogart Company is considering two alternatives. Alternative A will have revenues of $146,100 and costs of $104,400. Alternative
irinina [24]

Answer:

Choosing alternative B would increase net income by $17,100

Explanation:

The analysis showing the incremental revenues,costs and net income of alternative A and B is shown below:

              Alternative A           Alternative   B     Difference between A&B

Revenues        $146,100            $185,900           $39800

Costs               ($104,400)           ($127,100)        ($22700 )

Net income      $41,700                 $58,800        $17,100

Alternative B records a higher net income compared to Alternative A,hence choosing alternative B would increase net income by $17,100

r

4 0
3 years ago
Deon is opening a car wash, and he has approached SCORE, a SBA organization that assists small-business owners in setting up the
aivan3 [116]

Answer: Write a business plan

Explanation: He would be advised to write a business plan because it is a very important strategic tool for entrepreneurs. A good business plan helps entrepreneurs to focus on the specific steps necessary for them to make business ideas succeed. It also aids them to achieve both their short-term and long-term goals.

6 0
3 years ago
Other questions:
  • Bargain Central ​Furniture, Inc. completed the following treasury stock transactions in 2016​: LOADING...​(Click the icon to vie
    12·1 answer
  • Most lenders will expect entrepreneurs to provide equity funds in an amount of at least ____ percent of the business before appr
    5·1 answer
  • "a british study involving more than 11,000 participants indicated that brain-training activities over a period of six weeks ___
    14·1 answer
  • A prosperous economy tends to struggle with high rates of crime, substance abuse, insecure employment, and family dissolution. S
    12·1 answer
  • A good reason to open a checking account is that
    14·1 answer
  • George is a manager at InnoBLAST Inc., a web-based applications company. In an attempt to promote new ideas, George decides to a
    6·1 answer
  • Greenbelt construction has been a successful small home-building firm for years. the owner pays subcontractors slightly more tha
    15·1 answer
  • Tesla, a vehicle manufacturer, incurs the following costs.
    6·1 answer
  • Which is and example of a short-term investment
    12·1 answer
  • Who is down for a Amazon card trade for steam gift card
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!