Answer:
Using High and Low Method
Cost Miles
$
High 1,250 4,000
Low <u>(970) </u> <u>(3,000)</u>
<u> 280 </u> <u>1,000</u>
Variable cost per mile = $2,800/1,000
=$0.28 per mile
Explanation:
In this question, there is need to obtain the difference with the highest cost and lowest cost. We also need to calculate the difference between the highest miles and lowest miles. Finally, we will divide the difference in cost by the difference in miles in order to determine the variable cost per mile.
The total labor cost of variance is the difference of the two presented costs. The actual cost of production is presented below,
actual cost of production = $198,000
The other cost can be calculated through the equation,
cost of production = (3 hours/labor u)(($8/unit)(8,000) = $192,000
Thus, the total labor cost variance is approximately $6,000.
NO BILLS THAT NEED TO BE PAID
SOMETHING EASY NOT TOO COMPLICATED
I HOPE THIS HELPED
Answer:
1. False. The peak of 86 MILLION occurred in the year of 1996 and not in 2001 as per the reports of food and agricultural organisation of UN.
2. True. The given statement is correct from the source.
3. False. As per the research conducted on the basis of catch reconstruction, the catches have been declining due top several reasons.
4. The last statement is totally correct as verified by the source mentioned.
Explanation:
I would have to give up my dream of getting an economics degree because I felt that an economics degree would give me a more stable future. My parents always believed that, after finishing my education, I should pursue my acting career.
I'd make another choice, since I'm happy with my job now. If I choose to perform, I should have struggled a lot.
Consumers C make decisions because each action has a risk cost. You can't do two things at the same time and must choose one.
Individual producers / nations must choose what they are to produce, how they are to produce and how much they are to produce, as their resources are limited and their alternatives are being applied.
