Answer:
Variable cost per unit= $1.16 per mile
Explanation:
Giving the following information:
January 16,200 $22,650
February 17000 $23,250
March 18400 $25,450
Apri 16500 $22,875
May 17400 $23,550
June 15300 $21,850
<u>To calculate the variable cost per mile under the high-low method, we need to use the following formula:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (25,450 - 21,850) / (18,400 - 15,300)
Variable cost per unit= $1.16 per mile
Answer:
D: is the same as normative economics.
Explanation:
Positive economics is the same as normative economics that is the branch of economics that involves the summary as well as an explanation of economic events. It concentrates on events and behavioral connections of cause and effect and it too involves in the development and examination of economic principles. sometimes Positive economics is explained as the economics of what is'' while normative economics explains "what ought to be".
Answer:
$885,000
Explanation:
How you are going to report the assets depends on whether you want to use the current rate method or the temporal (historic) method. Under the temporal method, you should use the historical rates, therefore, the total amount reported on the balance sheet is $885,000. if you want to use the current rate method, you should report the assets at $755,000, but you must also report an unrealized loss = $885,000 - $755,000 = $130,000 in the cumulative translation adjustment account. The total amount reported will not change, only the way you report it will change.
Answer:
$193,000
Explanation:
Carter Company
Sales 4,525,000
Cost of goods sold <u>-2,550,000</u>
1,975,000
Operating expenses <u>-1,372,000</u>
Net Income 603,000
Average invested assets 4,100,000
Target income 10% 410,000 <u>410,000</u>
Residual income <u>$193,000</u>
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I’m not sure.. hope it’s correct!
