Answer: a. 80% b. $30960
Explanation:
a. What is the buildingís current occupancy rate?
Occupancy rate can be calculated as:
= (Area of the space occupied / total area of the space) × 100
We.need to calculate the area of the space occupied which will be:
= 35,000+13,000
= 48,000 Sq.Ft
Therefore, Occupancy Rate:
= (48,000 / 60,000) × 100
= 80%
b. If the annual expense for utilities is $2.15/sf and utilities are 30% fixed, what is the utility expense based on the occupancy rate?
Total area of utilities will be:
= 30% × 48,000
= 0.3 × 48,000
= 14,400 Sq.Ft
Annual utility expense per Sq.Ft = $2.15
Therefore, total annual expense of utility will be:
= 2.15 × 14,400
= $30,960
<span>Productivity is an average measure of the efficiency of production. It can be expressed as the ratio of output to inputs used in the production process, i.e. output per unit of input. So you answer is Productivity.
(Hope I helped :C
</span>
Every cooperation is usually guided by a set of individual the board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders’ best interests.
<h3>Who are board of directors?</h3>
They are individuals that are elected by the shareholders of a company usually to govern and oversee the affairs of the cooperation.
They make decisions on behalf of the stakeholders.
Therefore, board of directors is the group of people elected to oversee the firm’s activities and ensure that management acts in the shareholders.
Learn more about board of directors here
brainly.com/question/15690599
Answer:
a) $10,000
Explanation:
The computation of the fixed cost by using high low method is shown below:
Before that first we have to determine the variable cost per direct labor hours which is shown below:
Variable cost per hour = (High Operating cost - low operating cost) ÷ (High labor hours - low labor hours)
= ($100,000 - $70,000) ÷ (15,000 hours - 10,000 hours)
= $30,000 ÷ 5,000 hours
= $6
Now the fixed cost equal to
= High operating cost - (High labor hours × Variable cost per hour)
= $100,000 - (15,000 hours × $6)
= $100,000 - $90,000
= $10,000
hence, the correct option is a . $10,000
