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love history [14]
3 years ago
5

In applying the high-low method, what is the fixed cost? month miles total cost january 80,000 $144,000 february 50,000 120,000

march 70,000 141,000 april 90,000 195,000
Business
1 answer:
kupik [55]3 years ago
5 0
The high and low levels of activity are 90,000 miles in April and 50,000 miles in February. The costs at these two levels are $195,000 and $120,000, re-spectively. The difference in costs is $75,000 ($195000-120000), and the difference in miles is 40,000 (90000-50000). Therefore, variable cost per unit is $1.875computed as follows.
75000÷40000=1.875

Determine the fixed costs by subtracting the total variable costs at either the high or the low activity level from the total cost at that activity level
Variable cost=1.875×50,000=93,750

fixed cost=120,000−93,750=26,250


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3 years ago
An appliance store carries a specialty model of microwave ovens. The demand for the microwave oven is relatively constant at 250
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The answer and procedures of the exercise are attached in the following archives.

Explanation  

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3 years ago
Margaret and Jack are working on a high-priority project with a tight deadline. When Margaret is unable to meet the deadline, Ja
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Answer:

B, Fundamental attribution error.

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3 0
3 years ago
Firm A is a new producer in the market for good X, which is characterized by linear demand and supply curves. Initially, to attr
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Answer:

E. He is not accounting for the new consumers who will benefit from being able to consume the product.

Explanation:

With the increase in price of product, Demand equals Supply i.e., no shortage exists in the market. Thus, the equilibrium level is achieved at price of $ 10. Further, The most important advantage of increasing the price in the given question is that shortage which exists earlier no longer remains now which will benefit all the consumers including some new consumers as they will able to get the sufficient number of quantities of product for the consumption now. Financial Head of Firm is ignoring the new consumers who will benefit from able to consume the product.

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3 years ago
Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to fiedler’s contingency
elena55 [62]

Luke is the type of leader that concentrates on relationships as he leads and not just tasks. Luke is an LPC type of leader.

Option A high - LPC leader.

Fiedler's Contingency Theory of Leadership is a good reminder that leadership isn't a one-size-fits-all approach. It's possible that just because your team isn't functioning as well as it should, you aren't a competent leader. Instead, your natural leadership style might not be the best fit for your team's current demands.

You are more relationship-oriented if you rank your least favorite coworker positively on a range of different parameters. You are more task-oriented if you judge them less positively on the same criteria.

Essentially:

You're a relationship-oriented leader if you have a high LPC rating.

You're a task-oriented leader if you have a low LPC.

Building relationships, creating team cohesion, and managing interpersonal conflict are all skills that relationship-oriented leaders excel at. Task-oriented leaders are good at coordinating projects and teams to get things done quickly and efficiently.

Disclaimer: The question was incomplete. Please find the full content below.

Question: Luke is the type of leader that concentrates on relationships as he leads and not just tasks. According to Fiedler’s Contingency Model, Luke is what type of leader?

A) A moderate-LPC leader

B) An adequate-LPC leader

C) A high-LPC leader

D) A low-LPC leader

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