If you work after high school, you will be giving up your college education as well as an extra $400,000 over your lifetime. If you go to college, you will miss the work experience after high school, as well as extra money in your pocket early on.
Answer:
Missing word <em>"Use the high-low method to determine operating cost equation y=$_____, x + $ = ____"
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Cost on (800*90%)=720 units is 220,040
Cost on (800*80%) = 640 Units is 215,480
Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit
Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000
<u>Cost equation: </u>
Total cost = Fixed cost + Variable cost per unit
Y = 179000 + 57X
Y = 179000 + (57*440)
Y = $204,080
Long-term assets are the focus of corporate planning.
The process by which corporations develop strategies for accomplishing goals and meeting goals is known as corporate planning. It entails the definition of the strategy, the direction of the strategy, decision-making, and resource allocation. A corporate plan is similar to a strategic plan, but the difference is that a corporate plan directs a more complex company with multiple business units or subsidiaries. "Corporate planning includes the setting of objectives, organizing the work, people, and systems to enable those objectives to be achieved, motivating through the planning process and through the plans, measuring performance and so controlling progress of the plans, and developing people through better decision-making. It explains the direction the business as a whole is going and provides a road map to get there.
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Answer:
Activity rate = $176 per hour
Explanation:
<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. </em>
<em>Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers. </em>
<em>Activity rate per driver is calculated as: </em>
Activity overhead for the period / Total cost drivers for the period Designing products activity cost pool= designing cost /product design hours
= $1372,448/7,798 hours
= $176 per hour
