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Yuri [45]
3 years ago
11

Star​ Health, Inc. is a fitness center in Oklahoma City. In​ October, the company earned ​$550,000 in revenues and incurred the

following operating costs from 300​ customers: ​Manager's Salary ​$5,500 Gym Rent ​1,800 Depreciation Expenselong dashEquipment ​7,000 Office Supplies Expense ​2,300 Utilities Expense ​1,600 ​Trainer's Salary ​22,500 How much is the unit cost per​ customer? (Round your answer to the nearest​ cent.)
Business
1 answer:
Georgia [21]3 years ago
7 0

Answer: $135.66

Explanation:

Given that,

Revenue earned in October = ​$550,000

Number of customers = 300

Operating costs:

Manager's Salary = ​$5,500

Gym Rent = ​1,800

Depreciation Expense long dash Equipment = ​7,000

Office Supplies Expense = ​2,300

Utilities Expense = ​1,600

Trainer's Salary = ​22,500

Therefore,

Unit cost per​ customer = \frac{Sum\ of\ all\ operating\ costs}{no.\ of\ customers}

                                      = \frac{5,500+1,800+7,000+2,300+1,600+22,500}{300}

                                      = $135.66

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If total liabilities decreased by $30,000 and stockholders' equity decreased by $10,000 during a period of time, then total asse
boyakko [2]

Answer:

C) $40.000 Decrease

Explanation:

The accounting equation states that: Assets = Liabilities + Equity, so in this case the Assets must decrease in the same amount that change the other side of the equation, $40.000.

4 0
2 years ago
You're considering an investment that you expect will produce an 8% return next year, and you expect that your real rate of retu
sveta [45]

Answer:

Explanation:

Using Fisher equation <u><em>(Which is estimating the financial mathematics and economics relationship among real interest rates nominal interest rates under inflation.) </em></u>which goes like this

1+i=(1+r)(1+\pi _{e} )

where

i = nominal interest rate\\e = real interest rate\\\pi _{e}  = expected  inflation rate

Inflation = (1+0.08) / (1+0.06) - 1 = 1.88% (Could be approximated as 2%)

7 0
2 years ago
Robin has moved to a new town during her sophomore year in high school. In order to find a new group of friends, she joins the s
ira [324]

Answer:

Letter d is correct. <u>Coping behavior.</u>

Explanation:

The most suitable alternative to the question is the letter d.

Coping behavior can be defined as behavioral and cognitive efforts that an individual exerts to manage some issues that can be internal or external. This type of behavior is used when it is necessary to deal with great changes.

Therefore coping behavior is a process that an individual finds to manage stressful situations that can cause some type of anxiety.

6 0
3 years ago
Read 2 more answers
The controller of Sunland Industries has collected the following monthly expense data for use in analyzing the cost behavior of
Anastasy [175]

Answer:

Variable cost per unit= $7.2 per unit

Explanation:

Giving the following information:

Month Total Maintenance Costs Total Machine Hours

January: $2,590 - 330

February: $2,890 - 380

March: $3,490 - 530

April: $4,390 -  660

May: $3,090 - 530

June: $5,470 - 730

To calculate the variable cost under the high-low method, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (5,470 - 2,590) / (730 - 330)

Variable cost per unit= $7.2 per unit

6 0
3 years ago
To motivate employees to perform better, the human resources department of Martianse, a chain of retail apparel stores, replaced
Lynna [10]

Answer:

- Behavioural Substitution

Explanation:

Martianse human resources department uses and deploy the concept of Behavioural Substitution.

To begin, Martianse goal, as a firm, is to motivate the employees to perform better. Hence, the human resources department has come up with measures to achieve that. It is thus believed that replacing the fixed incentive system hitherto known with the firm, should be replaced by a performance based system. By this, the firm believes its primary goal will be accelerated.

Behavioural Substitution is thus the concept that the human resources department has displayed in their analysis and engagement. For one, behavioural substitution is simply the procedures aimed at replacing and/or supplanting efforts and actions that does not lead to goal accomplishments. By general belief, the old style of reward system used by Martianse has been seen as one not leading to goal actualization. Hence, it is important to substitute this non productive reward system with one established to elicit more better and improved performance from the workforce.

7 0
3 years ago
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