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scoray [572]
2 years ago
15

Strait Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total

cost of $82,700. In the month of lowest production the company made 1,240 desks at a cost of $63,300. Using the high-low method of cost estimation, total fixed costs are a. $82,700 b. $19,400 c. $52,670 d. $63,300
Business
1 answer:
AlekseyPX2 years ago
6 0

Answer:

c. $52,670

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per desk = (High cost - low cost) ÷ (Highest production - lowest production)

= ($82,700 - $63,300) ÷ (3,500 desk - 1,240 desk)

= $19,400 ÷ 2,260 desk

= $8.58

Now the fixed cost equal to

= High cost - (High production × Variable cost per desk)

= $82,700 - (3,500 desk × $8.58)

= $82,700 - $30,030

= $52,670

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3 years ago
Which approach suggests that a manager believes that employees should be involved in both defining problems and in designing the
morpeh [17]

According to McGregor's Theory Y method, a manager might think that workers ought to be involved in both problem-solving and problem-definition.

One of the theories that has a significant impact on both management and employees is McGregor's theory. Additionally, McGregor's descriptions of two different theories, namely Theory X and Theory Y, are further explained below along with each theory's central tenets.

According to Theory Y, a manager's positive perception of their team problem-solving members will increase employee motivation. Managers erroneously McGregor's Theory Y believe that a decentralized approach that strengthens teamwork, collaboration, and trust can address employee demotivation.

Contrary to Theory X, this theory holds that managers do not believe that  problem-solving control motivates workers. The team members must be motivated by McGregor's Theory Y meeting their needs for social interaction, self-actualization, and self-esteem.

Learn more about McGregor's Theory Y  here

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6 0
1 year ago
Carrie and Michael are married and will file a joint return. In addition to income from wages, they have a $5,000 long-term capi
Elena L [17]

Answer: 15%

Explanation:

From the question, we are informed that Carrie and Michael are married and will file a joint return and that they have a $5,000 long-term capital gain from the sale of stock. We are further told that their 2019 taxable income is $121,500.

Based on the above scenario, their capital gain will be taxed at a rate of 15%. This is due to the fact that when filing their status, they will be regarded as married and the applicable rate is 15% for an income that is between $78,751 and $488,850. Since they've $121,500 their rate will be 15%.

6 0
3 years ago
Assume that microbrewery beer is a normal good. Prices of microbrewery beer have risen steadily in recent years. Over this same​
Shkiper50 [21]

Answer:

The correct answer is option D.

Explanation:

Microbrewery beer is a normal good. Its prices have increased recently in recent years. The prices for fermenting vats used in beer have also risen and the consumer income has fallen.  

Since beer is a normal good an increase in its price and decrease in the consumer income will decrease its demand. As a result, the demand curve will move to the left, decreasing the price of the product.  

At the same time, the increase in the price of fermenting vats will increase the cost of producing beer. This will cause the supply of beer to decrease.  

This will cause the supply curve to shift to the left. If the leftward shift in the supply curve is more than the leftward shift in demand, the price of beer will increase.

4 0
2 years ago
Classify each property below based on whether it is or is not a property of l-dopa\'s enantiomer, d-dopa.
zhannawk [14.2K]

Answer:

The answer is Enantiomers: The isomers which are non superimposable perfect representations are called enatiomers.  

Explanation:

Enatiomers contrast toward turn of plane spellbound light.  

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Rundown of property of D - Dopa:  

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* Aromatic - L - amino corrosive decarboxylase has an alternate partiality for D - Dopa  The rundown that isn't the property of D - DOpa:  

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* Good substrate for sweet-smelling L - amino corrosive decarboxylase  

* thickness marginally not as much as that of L - Dopa  

* Reduces indications of Parkinson's illness.

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