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nata0808 [166]
3 years ago
6

Runaround Corporation sells running shoes and during January they ran production machines for 23,000 hours total and incurred $

10,500 in maintenance costs. During July they ran production machines for 14,000 hours total and incurred $ 8,600 in maintenance costs. Based on this​ data, what is the variable maintenance cost per machine​ hour?
Business
1 answer:
viva [34]3 years ago
3 0

Answer:

The answer is: The variable maintenance cost is $0.21 per machine hour

Explanation:

To find the variable maintenance cost per machine hour we must divide the total amount spent in maintenance costs by the total amount of production hours.

Since both production hours and maintenance cost vary so much, we must high-low method:

variable maintenance cost = (highest maintenance cost - lowest maintenance cost) / (highest machine hours - lowest machine hours)  =

= ($10,500 - $8,600) / (23,000 - 14,000) = $0.21 per machine hour

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The annual depreciation costs at that facility will rise by 10% or $1,440,000.

<h3>Annual depreciation costs</h3>

Life of the equipment = 10 Years

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Annual Depreciation= (Cost of equipment - Estimated salvage value) / Estimated useful life

Annual Depreciation= ($14.4 million- 0) / 10

Annual Depreciation= $1,440,000

or

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Annual Depreciation= 10%

Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.

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2 years ago
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Answer:  mean monthly income = $5000

====================================================

Explanation

In any normal distribution, the median and mean are the same value.

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The proof is as follows:

If mean > median was the case, then the distribution would be skewed to the right (ie positively skewed). The right tail is pulled longer than the left tail. But this would contradict the symmetrical nature of the normal distribution. So mean > median must not be the case.

If mean < median, then the distribution would be skewed to the left (negatively skewed). Visually this pulls the left tail longer than the right tail. Like in the previous paragraph, this contradicts the symmetrical nature of the normal distribution. So mean < median must not be the case.

Since mean > median cannot be true, and neither can mean < median, this must indicate mean = median.

-------------

So in short, any symmetrical distribution always has mean = median and they are at the very center of the distribution.

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olga_2 [115]

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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