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aev [14]
3 years ago
7

Ingram Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total

cost of $84,400. In its slowest month, the company made 1,100 desks at a cost of $46,000. Using the high-low method of cost estimation, what is the variable cost per unit at the 3,500 level of operations?
Mathematics
2 answers:
Ulleksa [173]3 years ago
5 0
The average variable cost per unit is
.. (84400 -46000)/(3500 -1100) = 38400/2400 = 16

The variable cost per unit is estimated at $16.
Lorico [155]3 years ago
4 0

The cost of manufacturing x units is

C=ax+b, where a cost per unit and b fixed cost.

Given that

3500a+b=84400\\ 1100a+b=46000

Subtract the second equation from the second,

(3500-1100)a=84400-46000\\ a=16

The variable cost per unit is \$16.

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Divide. Write each quotient in simplest form.<br> 2/3 ÷ 2 = _____ Show step-by-step solution.
never [62]
The answer is \frac{1}{3} 

\frac{2}{3} ÷ 2 = \frac{2}{3} ÷ \frac{2}{1} 

If \frac{a}{b} ÷ \frac{c}{d} = \frac{a*d}{b*c}, then:
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Now, 2 can be canceled out from \frac{2*1}{3*2} :
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4 0
3 years ago
In 1980, the number of African elephants was 1,200,000 but that number was decreasing 5.25% a year.
algol13
<span>Answer is about 12.85.</span>
3 0
3 years ago
A yellow ribbon is 56 centimeters long. It is twice as long as a green ribbon. A brown ribbon is four times as long as a green r
blsea [12.9K]

Answer:

The brown ribbon is 25,088 cm long.

Step-by-step explanation:

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Green: 112 cm long

112 x 2= 12544

12544 x 2= 25088

Brown: 25088 cm long

hope this helped ;)

3 0
3 years ago
Read 2 more answers
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