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pogonyaev
3 years ago
9

Use the information below to answer questions 1-3. Call Corporation is a wholesaler that sells a single product. Management has

provided the following cost data for two levels of monthly sales volume. The company sells the product for $140.50 per unit. Sales volume (units).............................................. 6,000 7,000 Cost of sales.......................................................... $497,400 $580,300 Selling, general, and administrative costs............. $273,600 $294,700 1. The best estimate of the total monthly fixed cost is:
Business
1 answer:
MrMuchimi3 years ago
6 0

Answer:

Fixed Component of the selling, general adn adminsitrative cost  147,000

Explanation:

We calculate the fixed cost using the high low method.

\left[\begin{array}{ccc}High&7000&294700\\Low&6000&273600\\Difference&1000&21100\\\end{array}\right]

We subtract high from low the difference is that 1,000 units generates 21,100 dollars of cost

variable cost per unit then will be:

21,100 / 1,000 = 21.1

we now calculate fixed cost:

Total cost = variable x Q + fixed cost

When Q = 6,000 total cost: 294700

294,700 = 21.1 (6,000) + Fixed Cost

Fixed Cost =  147,000

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Answer:

Management system

Explanation:

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3 years ago
Assume a machine that has a useful life of only one year costs $2,000. Assume, also, that net of such operating costs as power,
VashaNatasha [74]

Answer:

D. 15 percent

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Having considered operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300

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= Returns/cost

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In Percentage, 15%. The expected rate of return on this machine is 15%

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4 years ago
Sabrina bought a new washing machine. She put $50 down and pays $50 per month for the next 10 months to be able to make the purc
MatroZZZ [7]

The credit she used is an installment sales credit.

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Learn more about Credit sales here: brainly.com/question/25393740

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4 0
2 years ago
As part of the initial investment, Ray Blake contributes equipment that had originally cost $97,300 and on which accumulated dep
Marizza181 [45]

Answer:

$48,800

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the computation of the amount that should be debited to  the equipment account is as follows:

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the accumulated depreciation is $72,975

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So based on the above information, the amount that should be debited is equivalent to the valuation of the equipment i.e. $48,800

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3 years ago
Francis, the plant manager, is interested in increasing the facility's productivity by utilizing MBO so that his managers and th
Mashcka [7]

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MBO refers to Management by Objectives. In this type of management system the managerial activities are integrated and are executed in a systematic manner. This is done for the management of the objectives of an organisation are managed both effectively and efficiently.

It focuses on both the organisation and the individual's objectives.In the given example, the aim of the plant manager is to increase the productivity of a Plant through MBO. Hence he can first jointly set objectives with the employees and assign managers to develop action plans.

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<u />

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3 years ago
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