Answer:
c. $1,600
Explanation:
Using high low method we have
Highest cost = $75,000 for 29,000 hours in the month of February.
Lowest Cost = $52,200 for 20,000 hours in the month of January.
Variable Cost per unit =
Or
$52,200 = 20,000 V + F
$75,000 = 29,000 V + F
$22,800 = 9,000 V
$2.53 = V
20,000 V = $50,600
$52,200 - $50,600 = $1,600
Fixed Cost = $1,600
Answer:
c. oportunity cost
Explanation:
Opportunity cost is the value lost as a result of preferring a particular option over the other. It occurs when an individual has to choose between two alternatives. For example, Jane can either stock 100 crates of soda or 80 packs of water. If shes chooses 80 boxes of water, the100 crates of soda represent the opportunity cost.
There is more than one reason, but there are two main things they are looking at. They need to see if you are paying on time. The payment history will show if you get behind or not. And because a utility bill is similar to a loan payment, because you have to pay it or you lose your services, they see how responsible you are by checking that. The second major reason they do this is to see what your debt is already. They want to make sure you can afford, with all your bills, to pay them back.
Answer:
The correct answer to the following question is option D) all of the above statements A,B,C are correct .
Explanation:
Personal auto policy (PAP) is a pretty standardize policy design for auto insurance , where such policies provides coverage for medical payments , damage from both under insured and un insured motorists, for the liability and any damage to the vehicle. Under this policy any person who is injured by insured or insured himself or his family members and even any other person who is in possession of covered auto are all insured for receiving medical payments.