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ddd [48]
3 years ago
13

Erkkila Inc. reports that at an activity level of 6,600 machine-hours in a month, its total variable inspection cost is $423,980

and its total fixed inspection cost is $162,426. What would be the average fixed inspection cost per activity unit at an activity level of 6,900 machine-hours in a month? Assume that this level of activity is within the relevant range.
Business
1 answer:
Triss [41]3 years ago
7 0

Answer:

$23.54

Explanation:

Average fixed inspection cost per activity unit is arrived at by dividing the total amount of fixed inspection cost by the activity unit. Activity unit in this case is the total machine hour

6,600 machine-hours = $162,426 total fixed inspection cost

Since Erkkila Inc activity is within the relevant range, at 6,900 machine-hours the same fixed cost will be incurred.

Therefore:

6,900 machine-hours = $162,426 total fixed inspection cost

Average Fixed Inspection Cost Per Activity unit= $162,426/6,900 = $23.54

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3 years ago
Juarez Builders incurred $285,000 of labor costs for construction jobs completed during the month of August, of which $212,000 w
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Answer:

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Salaries and wages payable account                139,000

Explanation:

Direct Labor are charges to work in progress account and a payble is created as a result.

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3 0
3 years ago
Read 2 more answers
Although New York State is second only to Washington State in production of​ apples, its production has been declining during
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Answer:

1. Increase in number of orchards

2. Increase in housing prices

Explanation:

1. What effect is the new diet likely to have on the number of apple orchards within 100 miles of New York City?

There is going to be increased demand for apples due to this new diet and this increase in demand is going to bring about a hike in the price for apples. This price increase would make business to be viable for these apple farmers. More people would want to own orchards just to make money out of the boom in apples. Because apple farming now seems to be more profitable than other activities. <u><em>So this would cause the number of apple orchards that are within 100 miles of new york city to increase.</em></u>

2.  What effect is the diet likely to have on housing prices in New York City?

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4 0
3 years ago
A customer touch point for abacus airlines would be an item such as ________. a mechanic's ability to service the airplanes the
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<span>A customer touch point for abacus airlines would be an item such as reservation desk. 

A customer touch point is a point in the process where a consumer and the organization exchange information, finish providing the service, or handle transactions. At the reservation desk, the customer and the business are focusing on the business and service transactions.  </span>
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3 years ago
A $10,000 municipal bond with 10 years to maturity is purchased in the primary market at 105. The bond is sold after 2 years at
Mama L [17]

Answer: B. a 2 point capital gain

Explanation:

Municipal Bonds have to be amortized using the straight-line method and this applied to both newly issued or bonds being traded at a premium.

The bond in question is trading at 105 and so has a 5 point premium which needs to be amortized at 1 point a year for 5 years. As it was bought after two years, the amortization was 2 points which means the cost of the bond should be;

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Yet it was sold for 105. The gain is therefore

= 105 - 103

= 2 point capital gain

7 0
4 years ago
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