Answer:
Fixed costs= $2,600
Explanation:
Giving the following information:
January 6,400 $5,980
February 7,000 $6,400
March 4,000 $5,000
April 6,900 $6,330
May 9,000 $8,000
June 7,250 $6,575
<u>To calculate the fixed costs under the high-low method, we need to use the following formulas:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (8,000 - 5,000) / (9,000 - 4,000)
Variable cost per unit= $0.6 per unit
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 8,000 - (0.6*9,000)
Fixed costs= $2,600
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 5,000 - (0.6*4,000)
Fixed costs= $2,600
Answer:
The correct answer is option b.
Explanation:
Here, when the Juice smoothies does not pay Issac, the selling of fruits is an example of mitigation of damages.
Mitigation of damages can be referred as a contract law under which a victim of breach of law can take actions in order to minimize damages. It means to take any reasonable opportunity possible under the given circumstances to minimize or reduce damages. Though taking extreme actions is not required.
Answer:
$22,200
Explanation:
Particulars Amount
Cost of Goods Sold $19,400
Ending inventory Finished Goods <u>$2,800</u>
Cost of goods available for sale <u>$22,200</u>
Answer:
search engine
Explanation:
A search engine is software designed to search web pages on the internet. Search engines work to provide answers to information sought from the internet. They locate, organize, and present the information sought on a database called index.
Yahoo and Bing are other examples of a search engine. It is the most known and most used.
Answer is given below
Explanation:
type of cash flow activity
a. Redeemed bonds ---------------Fiancing
b Issued preferred stock -----------Fiancing
c. Paid cash dividends --------------Fiancing
d. Net income --------------------------Operating
e. Sold equipment --------------------Investing
f. Purchased treasury stock -------Fiancing
g. Purchased patents ----------------Investing
h. Purchased buildings -------------Investing
i. Sold long-term investments ----Investing
j. Issued bonds ------------------------Fiancing
k. Issued common stock -----------Fiancing