Answer:
Variable cost per hour= $4.825
Explanation:
Giving the following information:
Wallace determines that the high and low costs are $25,830 and $18,414, respectively, and the values for the cost driver are 3,495 and 1,958 hours, respectively.
<u>To calculate the unitary variable cost under the high-low method, we need to use the following formula:</u>
<u />
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (25,830 - 18,414) / (3,495 - 1,958)
Variable cost per unit= $4.825
A contract with a customer must meet all of the following criteria:
Has approval and commitment of the parties.
Rights of the parties are identified.
Payment terms are identified.
The contract has commercial substance.
Collectability of consideration is probable.
Answer:
BARTER INCOME AND CHILD SUPPORT
Answer:
productivity
Explanation:
because the more u produce you will not have scarcity of good or services
Answer:
- <em>Underestimating your income is a conservative and healthy measure that can avoid financial problems.</em>
Explanation:
<em>Underestimating</em> your <em>income</em> is a conservative and healthy measure, such as it is overestimating your expenses.
Specially when your income is variable iit can be hard to predict. You will be safer both if your income lowers or your unpredictable expenses increase.
There are many unpredictable situations that could put you in a difficult situation: a disease, a natural disaster, the need to help a family member or friend in trouble. If any of these unfortunate circumstances arises and your budget is too tight, you could see yourself in financial trouble.
But, if you if all is smooth you will have in a happy situation, you will have a surplus which can use for savings, for an important purchase, or for vacations.
It is better to be cautious than to regret later!
