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3 years ago

Supply costs at Lattea Corporation's chain of gyms are listed below:

Business

1 answer:

Reptile [31]3 years ago

5 0

Answer:

The correct answer is d. $0.31 per client-visit; $24,766 per month.

Explanation:

The costs can be of fixed nature or a variable nature or of a mixed nature. A mixed costs contains a component of both fixed and variable costs. The high-low method is used to calculate the variable component per unit of a mixed cost. Th formula for high low method is:

Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity level - Lowest activity level)

the highest activity is in June, 13400 client visits and the highest cost is also of this activity. The lowest activity is in August, 11207 client visits and the lowest cost belongs to this activity.

Variable cost per unit = (28920 - 28235) / (13400 - 11207)

Variable cost per unit = $0.31 rounded off to two decimal places

The fixed cost = Total cost - total variable cost

Taking 13400 activity,

The fixed component is = 28920 - (0.31 * 13400) = $24766 per month

Thus, the correct answer is d.

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Consider the labor market for computer programmers. During the late 1990s, the value of the marginal product of all computer pro

katovenus [111]

Answer:

increased

Explanation:

The correct answer is that the equilibrium wage increased as the equilibrium quantity of labor increased.

7 0

3 years ago

Suppose a ten firm industry has total sales of $35 million per year. The largest firm have sales of $10 million, the third lar

lyudmila [28]

Answer:

0.66

Explanation:

the fourfirm concentration ratio is the sum of the concentration ratio of the four largest firms in the industry.

The sales of the second largest firm = $35 million - ( $10 million + $4 million+ $2 million + $12 million ) = $7 million

concentration ratio of firm 1 = $10 million / $35 million = 0.29

concentration ratio of firm 2 = $7 million / $35 million = 0.2

concentration ratio of firm 3 = $4 million / $35 million = 0.11

concentration ratio of firm 4 = $2 million / $35 million = 0.06

Adding the ratios together = 0.66

3 0

3 years ago

Consider two very different firms, M and N. Firm M is a mature firm in a mature industry. Its annual net income and net cash flo

Bumek [7]

Answer:

a. Firm M probably has a higher dividend payout ratio than Firm N.

Explanation:

The dividend payout ratio is commonly referred to a portion of the net income of the company which is paid to the various shareholders in dividends. Therefore, if we consider the statements made in the question, Firm M has a higher annual net income while the annual net income of Firm N is fluctuating, we can conclude that the dividend payout ratio of Firm M is more than that of Firm N.

6 0

3 years ago

Union Local School District has a bond outstanding with a coupon rate of 2.8 percent paid semiannually and 16 years to maturity.

mafiozo [28]

Answer:

$4,420.35

Explanation:

Bond Price = $C x [1 - (1 + r)^{-n} / r] + F / (1 + r)^{n}$

Where:

C = Coupon
r = Yield to Maturity
n = compounding periods to maturity

Now we plug the amounts into the formula =

$Bond Price = $140 x [1 - (1 + 0.034)^{-32} / 0.034] + $5,000 / (1 + 0.034)^{32}$

$Bond Price = $4,420.35$

3 0

3 years ago

PLEASE HELPPP

motikmotik

Answer:
I envision myself 10 years from now in a beautiful 2 story house. A nice luxury sports car, and I envision myself being a Real Estate agent.
I would like to be Independent, and learn what is it like to live on my own. And learn new things. I will need to pay for things like: Electricity, Gas, Water, and food. I'll need a stable job, and a reliable car.
It would cost around 1,200$ each month.
It would be 14,400, without taxes.
It's about 15,000 dollars compared to my 14,400 for necessities. So if I work Minimum wage I could afford to live. I would make 600$ less though.

I will be within my Budget, I will be able to afford everything that I need.

I could learn from others who have been successful in their life. And I could work my way up into a company, or make my own based off of the knowledge that I gained from learning from others.

If I stick to a budget, I will have money left over. And it will teach me to be more responsible with my money and it will also teach me to save.

Whenever I could.

Explanation: You can change it, if you want.

4 0

2 years ago