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nata0808 [166]
4 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]4 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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represent objects with words and images

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The child starts to understand the concept of thinking. This is known as meta-cognition. The ability of the child to represent objects with words and images is integral in the learning and use of language.

Hence, the answer is represent objects with words and images.

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4 years ago
Based on your understanding of the relationship between relative inflation rates and exchange rates, identify whether the preced
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b.the statement is invalid because the nominal

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2 years ago
Service companies and notminusforminusprofit organizations​ ________. A. can use CVP by focusing on measuring the​ organization'
frutty [35]

Answer:

A. can use CVP by focusing on measuring the​ organization's output

Explanation:

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In the case of a service company, Cost Volume Profit will be computed as: Profit = Service Price - Cost to provide service.

4 0
3 years ago
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If decision making is pushed down to lower level employees, and these employees feel empowered to make decisions on their own, a
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6 0
3 years ago
​Belstone, Inc. is a merchandiser of stone ornaments. It sold​ 15,000 units during the year. The company has provided the follow
Georgia [21]

Answer: $200,100

Explanation:

Given that,

Units sold = 15,000

Sales Revenue = $510,000

Purchases​ (excluding Freight​ In) = $310,500

Selling and Administrative Expenses = $36,000

Freight In = $15,900

Beginning Merchandise Inventory = $42,500

Ending Merchandise Inventory = $59,000

Cost of goods sold = Beginning Merchandise Inventory + Purchases​ + Freight In - Ending Merchandise Inventory

                                = $42,500 + $310,500 + $15,900 - $59,000

                                = $309,900

Gross Profit = Sales Revenue - Cost of goods sold

                    = $510,000 - $309,900

                    = $200,100

8 0
3 years ago
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