1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrews [41]
4 years ago
13

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for

the month of July, when production is expected to be 660,000 units to meet the ending inventory requirements and sales of 665,000 units. Fortnight Co.'s budget analyst has the following actual data for the last three months. Month Production in Units Manufacturing Supplies March 545,000 $ 651,960 April 730,000 855,460 May 670,000 769,410 Using the high-low method to develop a cost estimating equation, the total estimated cost of needed manufacturing supplies for July would be: (CMA adapted)
Business
1 answer:
zmey [24]4 years ago
6 0

Answer:

$778460

Explanation:

Using the highlow method, we calculate the variable cost per unit,

  • VC / unit = 855460 - 651960 / 730000 - 545000  = $1.1per unit
  • The total fixed cost will be = 855460 - (1.1 * 730000) = $52460

The cost estimating equation will be,

  • Total cost at x number of unit = 1.1x + 52460

The cost of manufacturing supplies for the month of July will be,

  • Total cost (July) = 1.1(660000) + 52460   = $778460
You might be interested in
Shen manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g
Lapatulllka [165]

Answer:

The correct answer is "Shoe-leather effect"

Explanation:

shoe leather cost: In order to reduce the inflation, the people try to hold less cash on hand to reduce the tax inflation. The shoe leather cost refers to the value, in time and energy, of efforts intended to neutralize the effects of inflation.

7 0
3 years ago
For each of the following​ companies, specify whether each company would be more likely to use job costing or process costing. a
Oduvanchick [21]

Answer: For each of the following​ companies, each company would be more likely to use:

a. Janitorial services company - <u>Job costing.</u>

b. Soup manufacturer - <u>Process costing.</u>

c. Commercial plumbing contractor - <u>Job costing.</u>

d. Toothpaste manufacturer - <u>Process costing.</u>

e. Catering service - <u>Job costing.</u>

7 0
3 years ago
The current property taxes on a parcel are $1,743.25 and have not been paid. If the sale is to be closed on August 12, what is t
galben [10]

Answer:

$1,743.25 divide 360 =$4.84 taxes per day

prorate jan1-aug12=222days

222x4.84=$1,074

Explanation:

5 0
3 years ago
Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially netw
Luba_88 [7]

Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially networked world will lead to connected users having more direct interactions with sellers.

What is Mobile marketing?

  • Mobile marketing is a multi-channel online marketing technique focused at reaching a specific audience on their smartphones, feature phones, tablets, or any other related devices through websites, e-mail, SMS and MMS, social media or mobile applications.
  • Mobile marketing can provide customers with time and location sensitive, personalized information that promotes goods, services, appointment reminders and ideas.
  • In a more theoretical manner, academic Andreas Kaplan defines mobile marketing as "any marketing activity conducted through a ubiquitous network to which consumers are constantly connected using a personal mobile device".
  • Mobile marketing may include promotions sent through SMS text messaging, MMS multimedia messaging, through downloaded apps using push notifications, through in-app or in-game marketing, through mobile websites, or by using a mobile device to scan QR codes.
  • Proximity systems and location-based services can alert users based on geographic location or proximity to a service provider.
  • Mobile marketing is an indispensable tool for companies large and small as mobile devices have become ubiquitous.
  • The key players in the space are the brands (and companies that they represent through advertising), and service providers that enable mobile advertising.
  • Mobile advertising targets audiences not so much by demographics but by behaviours.

To learn more about mobile marketing: brainly.com/question/4232483

#SPJ4

7 0
1 year ago
From 1973 through​ 2016, the rise in the British price level relative to the U.S. price level is​ ____ with a rise in the value
babunello [35]

Answer:

the available options for this question are,

A. associated; does not

B. associated; also does

C. not associated; does

and the correct answer is option B. associated; also does.

the purchasing power means the ability of a currency unit to purchase a specific amount of goods and services and this is directly in line with the internal inflation rate of an economy.

Explanation:

8 0
3 years ago
Other questions:
  • The mere exposure effect most directly contributes to the positive relationship between ________ and liking.
    6·1 answer
  • At December 31, 2018, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $54 million relat
    10·1 answer
  • Freulia Inc. manufactures and sells stationery and office supplies. It is beginning to lose its competitive advantage with the e
    12·1 answer
  • Jensen Enterprises paid $900 in dividends and $920 in interest this past year. Common stock increased by $1,200 and retained ear
    7·1 answer
  • A project portfolio is a useful storage medium that enables the project manager to consolidate all project information in a sing
    11·1 answer
  • The following data is from the income statement of Ralston Company: Revenue$36,000 Cost of goods sold (14,400) Operating expense
    8·1 answer
  • On June 30, 2018, Campbell Company’s total current assets were $500,500 and its total current liabilities were $276,500. On July
    7·1 answer
  • To argue that schools should adjust their curriculum so that African, Asian, and indigenous accounts of history be incorporated
    15·1 answer
  • MC Qu. 159 Copy Center pays an average wage... Copy Center pays an average wage of $11 per hour to employees for printing and co
    9·1 answer
  • 1. Un plan de mercadeo debe estar sustentado en
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!