Answer:
Instructions are listed below
Explanation:
Giving the following information:
The high-low method involves taking the highest level of activity and the lowest level of activity and comparing the total costs at each level.
Mountain has recorded the following for the past nine months:
January:
Number of Cavities= 375
Total cost= $5,300
February:
Number of Cavities 500
TC= 5,850
March
Number of Cavities 350
TC= 5,200
April
Number of Cavities 600
TC=6,250
May
Number of Cavities 325
TC= 5,150
June
Number of Cavities 475
TC= 5,700
July
Number of Cavities 525
TC= 6,100
August
Number of Cavities 575
TC= 6,300
September
Number of Cavities 450
TC= 5,550
A) Variable cost= (Highest activity cost - lowest activity cost) / (Highest activity units - lowest activity units)
Variable cost= (6300 - 5150) / (600 - 325)= 4.18 per unit
Fixed cost= HACost - (variable cost per unit * HAUnits)= 6300 - (4.18*600)= 3792
Fixed cost= LACost - (variable cost per unit* LAUnits)= 5150 - (4.18*325)= 3792
B) Q= 400
Total cost= 3792 + 4.18*400= $5464
<span>The answer is 516,250 by first calculating expenses (6,500,000-40,000-expenses=590,000), net income = revenue-expenses.</span>
Answer:
The University of Dental Health (UDH)
Functions Type of Center
Accounting Cost Center
Bookstore Profit Center
Cafeterias Profit Center
Career services Cost Center
Community workshops Profit Center
(providing
continuing professional
education necessary for
state licensure)
Custodial services Cost Center
Financial aid Cost Center
Human resources Cost Center
Information technology Cost Center
Residence halls Profit Center
Student parking lots (fee based) Profit Center
University newspaper/radio station Cost Center
Explanation:
The UDH's cost center is a department or function that does not directly contribute to its profitability but costs it money to operate its activities. A profit center, on the other hand, directly contributes to the University's profitability by generating revenue through its activities. Please, note that the dividing line is thin. The determinant factor depends on the choices and efforts made by an organization's management to commercialize some of its internal services.
Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
Answer:
Allowance for doubtful accounts $ 106106 using the aging method
Explanation:
<u>Evers Industries </u>
<u>Estimate of Allowance for Doubtful Accounts </u>
Balance Not Past Past Due (days)
Due (1-30) (31-60) (61-90) (Over 90)
Total
Receivables 1,124,500 607,400 233,000 121600 96500 66000
Percentage
<u>Uncollectible 1% 3% 12% 30% 75% </u>
Allowance for 6074 6990 14592 28950 49500
doubtful accounts 106106
<em>We multiply each percent with the amount given and then add them all to get the total which is $106106 based on aging method.</em>