Answer:
c. $1,600
Explanation:
Using high low method we have
Highest cost = $75,000 for 29,000 hours in the month of February.
Lowest Cost = $52,200 for 20,000 hours in the month of January.
Variable Cost per unit = 
Or
$52,200 = 20,000 V + F
$75,000 = 29,000 V + F
$22,800 = 9,000 V
$2.53 = V
20,000 V = $50,600
$52,200 - $50,600 = $1,600
Fixed Cost = $1,600
Answer:
In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.
Explanation:
Answer:
D. Evaluative Criteria
Explanation:
Evaluative criteria are standard measures established to evaluate various products by the buyers when choosing between alternatives. It can either be objective or subjective.
The wall street journal is giving the consumers attributes of various laptops (product) in order for them to evaluate and choose the one they want.
Answer:
ME should make the investment because it results in not only higher market share but also a $24,000 increase in profits.
Explanation:
Currently ME's marketing expenditures represent 25% of the industry's marketing expenditures and it matches his market share. Using the competitive parity approach, three additional market share points should cost $120,000 ($40,000 for each point) and should increase gross profits to a total of $1,344,000 ($144,000 increase). The difference between incremental revenue and incremental expenses = $144,000 - $120,000 = $24,000.
