Answer:
Explanation:
Market prices control the supply for coffee shops, not only that but also it is also affected by other factors with things like: price of inputs, and how much it cost to make, and technology developments
Answer:
$90,000
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High cost - low cost) ÷ (High machine hours - low machine hours)
= ($234,000 - $210,000) ÷ (24,000 hours -20,000 hours)
= $24,000 ÷ 4,000 hours
= $6
Now the fixed cost equal to
= High cost - (High machine hours × Variable cost per hour)
= $234,000 - (24000 hours × $6)
= $234,000 - $144,000
= $90,000
The high cost is computed below:
= 20,000 hours × $10.50
= $210,000
And, the low cost would be
= $24,000 hours × $9.75
= $234,000
<h3>Answer:</h3>
<u>There is not enough information to answer the question</u>
<u>Explanation:</u>
Indeed there isn't enough information to answer this question since it doesn't state details such as;
- The initial quantity of supply,
- The initial price of price products
This information are necessary to determine how price floor laws imposed by governments affect the market of commodities.
<span>These are indirect costs of fires. Unfortunately, a fire doesn’t only affect one thing. It can hurt other important parts of a person’s life at the same time that it is destroying their property. This can create a longer clean-up and healing process.</span>