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Zepler [3.9K]
4 years ago
12

The controller of Sunland Production has collected the following monthly expense data for analyzing the cost behavior of electri

city costs.
Total Electricity Costs Total Machine Hours
January $2,480 220
February 2,970 360
March 3,570 450
April 4,740 685
May 3,240 400
June 4,870 750
July 4,120 650
August 3,850 580
September 5,010 665
October 4,350 610
November 3,350 360
December 6,330 770

Determine the fixed- and variable-cost components using the high-low method.
Business
1 answer:
Alekssandra [29.7K]4 years ago
8 0

Answer:

maintenance costs are $940 per month plus $7 per machine hour.

Explanation:

Base on the scenario been described in the question, we use the following method to solve this

Maintenance cost = (6,330 - 2480)/770-220

Maintenance cost per machine= 3850/550

Maintenance cost per machine = $7

Hours 300 Machine Hours Total costs Less: Variable costs 770 X $7 220 X $7

Total fixed costs $6,330 $5,390 $ 940 $2,480 1,540 $ 940 Therefore, maintenance costs are $940 per month plus $7 per machine hour.

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If the multiplier equals 2 and the AD shortfall is $6 million, the desired fiscal stimulus is
Ahat [919]

If the multiplier equals 2 and the AD shortfall is $6 million, the desired fiscal stimulus is $3 million.

<h3>What is the shortfall?</h3>

The term shortfall has referred to the deficiency of something in the market. When the availability of goods is not adequate and suppliers fail to provide them. This situation is considered as shortfall.

To calculate the desired fiscal stimulus

desired fiscal stimulus= AD shortfall/ Multiplier

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                                    = $3 million

Therefore, the desired fiscal stimulus is $3 million.

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3 0
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Evie must pay an additional tax on the early distribution from her 401(k) of: a. 0% b. 5% c. 10% d. 15%
almond37 [142]

Answer:

c. 10%

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