Answer:
variable cost per bushel = $0.18848
total fixed costs = $6,652
Explanation:
we can use the high-low method of accounting to determine the variable and fixed costs:
- highest activity cost = $25,500
- highest activity level = 100,000 bushels
- lowest activity cost = $7,500 (*doesn't make sense to use $75,000)
- lowest activity level = 4,500
variable cost per unit = (highest activity cost - lowest activity cost) / (highest activity units - lowest activity units)
variable cost per unit = ($25,500 - $7,500) / (100,000 - 4,500) = $18,000 / 95,500 bushels = $0.18848 per bushel, since the quantities are large, we cannot round up
fixed costs = highest activity cost - (variable cost x highest activity units)
fixed costs = $25,500 - ($0.18848 x 100,000) = $6,652
Answer:
how much will she pay with a principal balance of $12,000, an interest rate of 5 percent, and a 60-month loan? Total amount 13.859. Interest 1.859 Principal 12.000
Explanation
Due Interest Principal Balance
12.000
year 1 2.772 600 2.172 9.828
year 2 2.772 491 2.280 7.548
year 3 2.772 377 2.394 5.154
year 4 2.772 258 2.514 2.640
year 5 2.772 132 2.640 0
13.859 1.859 12.000
Answer and Explanation:
The journal entry is shown below:
Cost of goods sold Dr $2,650 ($15,010 - $12,360)
To Inventory $2,650
(Being the cost of goods sold)
By recording this we debited the cost of good sold as it increased the expenses and credited the inventory as it decreased the assets so that the correct recording and posting could be done
The cash management can help financial managers in the collecting and managing cash flows from the activities of the firm.
<h3>How can
cash management can help
financial managers ?</h3>
Cash management, which is a treasury management, can be of help to the financial managers by helping them to be able to manage cash flows from the operating activities of the firm.
This could range from the investing, and financing activities of the firm and it help in achieving the financial goal of of the organization.
Learn more about cash management at:brainly.com/question/735261
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I don’t know, probably because there is so much people in NY or maybe the shelter doesn’t allow children?