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earnstyle [38]
3 years ago
12

Oriole Company incurred the following costs for 62000 units:

Business
1 answer:
Dahasolnce [82]3 years ago
6 0

Answer:

=$10

Explanation:

Since Oriole Company has enough capacity to produce the 3000 units without jeopardizing regular sales, only variable costs will change.

Variable cost per unit will be the total variable cost  divide by units

= variable costs/ total units

=$372,000/62,000

=$6 per unit

for 3000 units, variable cost

= $3000 x 6

=$18,000

the total cost involved will include variable costs + Shipping costs + desired income

=$18,000 + $6000 + $6000

=$30,000

for 3000 units the cost per unit should be $30,000/3000

=$10

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Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
HACTEHA [7]

Answer:

Actual Operating costs         $231,250  

Planned Operating Costs  budgeted = $ 235058

Planned Operating Costs at actual level   = $ 232430

Explanation:

The Planned costs are the costs estimated at the planned level of activity.

The actual costs are costs that actually occur.

But flexible costs are those which are planned ( determined) at actual level of activity.

Canniff Air

                                       Actual                 Planned

Operating costs         $231,250              

The cost formula for plane operating costs is $56,960 per month plus $2,634 per flight plus $6 per passenger.

Planned Operating Costs= $56,960+ 2634 *67 flights + 6*270 passengers

                                        = $ 56960 + 176478+ 1620

                                         = $ 235058

Actual Operating Costs = $56,960+ 2634 *66 flights + 6*271 passengers

                                         = $ 56960 + 173844+ 1626

                                         = $ 232430

We put the values in the given formula to obtains these costs both planned and actual.

4 0
3 years ago
13. A borrower is purchasing a property for $180,000 and can choose between two possible loan alternatives. The first is a 90% l
Harman [31]

Answer:

for the first loan the origonal loan of $180,000 goes up to $453,166

and the second one is $462,446

8 0
3 years ago
According to the agency theory,
sammy [17]

Answer: conflicts that arise in corporations should be addressed in the legal realm(A)

Explanation:

The principal-agent problem is an important part of the agency theory, the principal-agent problem views the firm as a connection of legal contracts.

In this perspective, corporations are seen merely as set of legal contracts that exists between the different parties. The conflicts that may take place are to be addressed in the legal realm.

7 0
4 years ago
Read 2 more answers
Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pa
anyanavicka [17]
Hey there,

Your question states: <span>Andy has a remaining balance of $845 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month?

</span>1.5% of 845 is 12.675

So by round this above, your correct answer would be <span>12.68

Hope this helps</span>
5 0
3 years ago
A family spends $40,000 a year for living expenses. If prices increase by 4 percent a year for the next three years, what amount
yKpoI14uk [10]

Answer:

$44,994.56

Explanation:

Provided that

Spending amount for living expenses by a family = $40,000

Percentage increase is 4%

Number of years = 3

So, the family living expenses after three years equal to

= Spending amount for living expenses by a family × (1 + rate)^number of years

= $40,000 × (1 + 0.04)^3

= $40,000 × 1.124864

= $44,994.56

4 0
4 years ago
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