Answer:
Results are below.
Explanation:
Giving the following information:
Month Number of instruments used Total autoclave cost
January 634 $7,466
February 534 6,526
March 734 7,148
April 934 9,028
May 834 7,744
June 1,034 8,596
July 1,234 10,009
August 1,134 9,924
<u>To determine the fixed and variable cost, we need to use the high-low method:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (10,009 - 6,526) / (1,234 - 534 )
Variable cost per unit= $4.9757 per unit
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 10,009 - (4.9757*1,234)
Fixed costs= $3,869
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 6,526 - (4.9757*534)
Fixed costs= $3,869
Total cost= 3,869 + 4.9757x
x= number of instruments
Hi I would go with b or c
Answer:
$162
Explanation:
As we know that
1 square feet = 0.1 square yard
which means
10,000 square feet = 0.1 × 10,000
= 1,000 square yards
And, the given cost is $27
So, the cost for 6,000 square yards would be
= (6,000 square yards × $27) ÷ (1,000 square yard)
= ($162,000) ÷ (1,000 square yard)
= $162
We applied the unitary method for above calculation.
Answer:
The answer is: Yes
Explanation:
The money Alice paid in 1985 ($20,000) is considered a sunk cost.
A sunk cost is money already spent that cannot be recovered.
So if Alice decides to buy the land or not, she will not recover a cent from the $20,000 she paid before.
Since the current price of the land is $110,000 and Alice can purchase it for $100,000, then she should buy it. She is going to earn a $10,000 profit.