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
MrRa [10]
3 years ago
6

Swan, Inc. uses the high-low method to analyze cost behavior. The company observed that at 20,000 machine hours of activity, tot

al maintenance costs averaged $37.30 per hour. When activity jumped to 25,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $31.30.
Business
1 answer:
Reptile [31]3 years ago
5 0

Answer:

7.3

Explanation:

37.30 × 20,000 = $746,000

31.30× 25000 =$782,500

$746,000-$782,500 = $36,500

36,500/ 5,000 = 7.3

Note:

25,000-20 000= 5,000

You might be interested in
S= (1+r)c. find c if s=174 and R<br> =455
solong [7]
174=(1+455)c
c=174/456
c=0,3815789474
3 0
3 years ago
(1.1: Modeling) Before paying employee bonuses and state and federal taxes, a company earns profits of $103,000. The company pay
yan [13]

Answer:

Amount paid in;

Bonuses to employees = $5,150

State tax = $5,150

Federal tax = $41,200

Explanation:

The bonus paid to employees, federal tax and state tax are all a percentage of the profit made by the company.

The amount of each of these elements may be computed by applying the applicable percentage on the profit made by the company before any of these deductions.

amounts paid in;

bonuses =  5% * $103,000

= $5,150

state tax  =  5% * $103,000

= $5,150

and

federal tax =  40% * $103,000

= $41,200

8 0
3 years ago
Which of the following sample planning factors would influence the sample size for a substantive test of details for a specific
Savatey [412]

Answer:

Option "A" is correct. Expected amount of misstatements

Explanation:

7 0
3 years ago
Read 2 more answers
Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 30,000 bottles of wine were sold every
kozerog [31]

Answer:

Explanation:

We were informed from the question that;

BEFORE; the tax, 30,000 bottles of wine were sold every week at a price of $4 per bottle.

AFTER; After the tax, 25,000 bottles of wine are sold every week; consumers pay $6 per bottle and producers receive $3 per bottle (after paying the tax).

✓✓The amount of tax on wine = $6 - $3 = $3 per bottle

✓✓The tax burden on consumers = The amount paid after tax - The amount paid before tax

= $6 - $4

=$2 per bottle

✓✓The tax burden on Producers = Price received before tax - price received after tax

= $4 - $3

=$1 per bottle

Hence, The amount of the tax on a bottle of wine is $3 per bottle. Of this amount, the burden that falls on consumers is $2 per bottle, and the burden that falls on producers is $1 per bottle.

The effect of the tax on the quantity sold would have been smaller if the tax had been levied on consumers(FALSE)

This is false, since the The tax burden on Producers is $1 per bottle while that of The tax burden on consumer is $2 per bottle.

8 0
3 years ago
Disposable personal income: a. excludes transfer payments. b. includes personal income taxes. c. is income spent for personal it
erma4kov [3.2K]

Answer:

d. excludes personal income taxes

Explanation:

Disposable personal income excludes personal income taxes.

A disposable income can be defined as an amount of money remaining after the deduction of income taxes, and social security fees.

4 0
3 years ago
Other questions:
  • Monroe Construction Company uses the percentage-of-completion method of accounting. In 2013, Monroe began work on a contract it
    9·1 answer
  • Janice is trying to determine what type of training should be developed for her employee Greg. Janice knows that Greg is a hands
    5·1 answer
  • Who invented assembly line production?
    10·1 answer
  • Mette Badminton Equipment Co. wants to raise $7 million to expand operations. To accomplish this, it plans to issue 20-year bond
    5·1 answer
  • The long-time CEO of a large paper company is retiring. the members of the board want to make sure that the new person they hire
    15·1 answer
  • When Maria, the keynote speaker at a major business leaders' conference, arrived in the middle of the night at the Ritz-Carlton,
    6·1 answer
  • If the residual value of a leased asset turns out to be more than the amount guaranteed by the lessee, the:
    6·1 answer
  • Mia likes to write books during her free time. At present, three of her books have been published and sold around the world. The
    10·2 answers
  • On the Navigation Bar, which of the following would you select to enter inventory item maintenance information?
    6·1 answer
  • when management's primary objective is the economic interests of shareholders, this is known as : A.philanthropy B.responsibilit
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!