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
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Answer:
Jesse's Investment
<em>Journal Entries to record in the Partnership accounts
</em>
Account Titles Debit Credit
Accounts Receivable $46,500
($50,000 - $3,500)
Equipment(Agreed Price) $58,000
Allowance for Doubtful Debts $2,000
Jesse Capital Account $102,500
(Balancing Figure)
Tim's Investment
<em>Journal Entries to record in the Partnership accounts </em>
Account Name Debit Credit
Cash $21,000
Inventory (At Agreed price) $48,000
Tim Capital $69,000
General warranty deed and Special warranty deed are warranty deeds used for real estate sales where belongings, either residential or commercial, is transferred between organization unacquainted with each other. Possession of a property is transferred from the seller to the buyer with definite assurance against future problems or claims, which will defend the buyer against fraud.
However, the assurance in a General warranty deed will cover the belongings entire previous account, the Special warranty deed will only covers the time period for which the seller owned it. While the seller in a General warranty deed has to protect the title against all other assertion and compensate the buyer for any tentative debts or amends, the seller in Special warranty deed is only responsible for debts and problems accumulated or caused during his possession of the belongings.
Answer:
B. is the price at which a firm's total revenues equal total costs
Explanation:
The short run in economics is a period of time in which one factor of production is fixed and others are varied. In the short run, the market is not fully in equilibrium. Break even is the point in which the total cost used in the course of production is equal to the total revenue earned from the products produced. In a break even scenario, there is no profit and there is no loss. At this point, firms are making normal rate of return on money invested and are able to settle all cost of production.
The influx of cheap goods from <u>Europe</u> accelerated the loss of manufacturing jobs in the united states during the great recession.
<h2>What caused the great recession?</h2>
The Great Recession referred to period of general decline such as recession that was observed in national economies globally that occurred between 2007 and 2009.
The causes of Great Recession included combination of vulnerabilities that developed in the financial system along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012.
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