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Schach [20]
3 years ago
7

Cooke Corporation reports that at an activity level of 7,000 units, the total variable cost is $590,730, and the total fixed cos

t is $372,750. What would be the total cost, both fixed and variable, at an activity level of 7,100 units? Assume that this level of activity is within the relevant range.
Business
1 answer:
Hoochie [10]3 years ago
8 0

Answer:

$971,919

Explanation:

Given:

For activity level = 7,000 units

Total variable cost = $590,730

Total fixed cost = $372,750

Now,

Variable cost per unit = \frac{\textup{Total variable cost }}{\textup{Activity level}}

or

Variable cost per unit = \frac{\textup{590,730}}{\textup{7,000}}

or

Variable cost per unit = $84.39

The fixed cost remains the same irrespective of the number of units produced

Therefore,

The total cost for activity level of 7,100 unit

= Total variable cost for 7,100 units + Total fixed cost

= Variable cost per unit  × Number of units + Total fixed cost

= ( $84.39 × 7,100 ) + $372,750

= $599,169 + $372,750

= $971,919

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The U.S. service economy: a. is easily distinguishable from manufacturing firms. b. accounts for a significant portion of the U.
Nataly [62]

Answer:

b. accounts for a significant portion of the U.S.'s economic output

Explanation:

  • The U.S economy is an economy where the main economic activity is the provision of the services rather than the manufacturing of goods and based on the growth of the services. And it accounts for a large shares of the U.S economic output of trade and commerce.
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3 years ago
Workers have been working in this unstable trench for several weeks. There is no shoring or sloping, and it's been raining off a
Lena [83]
The answer is A! Inspection
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3 years ago
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​Lithium, Inc. is considering two mutually exclusive​ projects, A and B. Project A costs​ $95,000 and is expected to generate​ $
Flauer [41]

Answer: The internal rate of return for project A is $26,074.38

Explanation:

Using the formula

R1/(1+K)^1 R2/(1+K)^2+ - - - Rn/(1+K)^n -

C =0

Where C = capital outlay, K=Rate of interest, R=Net cash flow

Given that K=10%, (10/100)=0.1 R1=$65,000, R2=$75,000 C =$95,000

Project A

65,000/(1+0.1)^1 + 75,000/(1+0.1)^2 - 95,000

65,000/(1.1)^1 +75,000/(1.1)^2 - 95,000

59090.91 + 61983.47 - 95,000

121074.38 - 95000

= $26,074.38

Project B

R1=$64,000, R2=$67,000,R3=$56,000, R4=$45,000 C =$120,000

64,000/(1+0.1)^1+ 67,000/(1+0.1)^2+ 56,000/(1+0.1)^3 + 45,000/(1+0.1)^4 - 120,000

64,000/(1.1)^1 + 67,000/(1.1)^2 + 56,000/(1.1)^3 + 45,000/(1.1)^4 - 120,000

58181.82 + 55371.90 + 42073.63 + 30735.61 - 120,000

= 186362.96 - 120,000

= $66,362.96

4 0
3 years ago
In January 2015, Post, Inc. estimated that its year-end bonus to executives would be $840,000 for 2015. The actual amount paid f
Juli2301 [7.4K]

Answer:

c. $210,000.

Explanation:

amount of expense to be reflected in Post's quarterly income statement

= 840,000 / 4

= $210,000

Therefore, The amount of expense that should be reflected in Post's quarterly income statement for the three months ended March 31 is $210,00.

3 0
3 years ago
After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, what happens next
insens350 [35]

After an investigation by the DBPR, if the complaint is not dismissed and no ESO is issued, a hearing is held. This is further explained below.

<h3>What is the investigation?</h3>

Generally, investigate formally or systematically examine or study something or someone.

In conclusion, An ESO hearing is conducted after an inquiry by the DBPR if no ESO is granted.

Read more about investigation

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7 0
2 years ago
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