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AnnZ [28]
3 years ago
7

Suppose the cost of flying a 100-seat plane for an airline is $50,000 and there are 10 empty seats on a flight. The average cost

per seat is a. $50. b. $500. c. $50,000. d. This cannot be determined from the information given.
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer:

$500

Explanation:

The average cost per seat will be the total cost per plane divided by the seating capacity.

Therefore, the average cost of $50,000 divide by 100 seats

=$50,000/50 seats

=$500

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SpyIntel [72]
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3 0
3 years ago
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Compute and interpret the fixed overhead budget and volume variances.
romanna [79]

It can be calculated using the following formula: Fixed Overhead <u>Volume </u>Variance = Applied Fixed Overheads – Budgeted Fixed Overhead. Here, Applied Fixed Overheads = Standard Fixed Overheads × Actual Production.

Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.

For simple 3D shapes, you can easily calculate the Volume is a measure of the occupied three-dimensional space. [1] Often quantified numerically using SI units (such as cubic meters and liters) or various imperial units (such as gallons, quarts, and cubic inches). Container volume is generally understood to mean the capacity of the container. That is, the amount of fluid (gas or liquid) the container can hold, rather than the amount of space the container itself moves through.

learn more about Volume here.  brainly.com/question/1972490

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8 0
1 year ago
During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as f
malfutka [58]

Answer:

Explanation:

journal entries in the books of AXE

jan 6   purchased goods from Green worth $1200 term 2/10 , n/30

                                      Inventory a/c $1200

                               Accounts Payable - green $1200

jan 6    purchased goods from munoz worth $900

                                                          inventory a/c$900

                                         Accounts Payable - munoz $900

jan 14   Payment being made to green. Since payment is made within 8 days so discount will be recieved by Axe( note term 2/10 means if payment is made within 10 days axe will recieve discount @2%)

                                       Accounts payable - green $1200

                                                                         Cash                  $1,176

                                                         discount recieved              $    24

( being discount recieved [email protected]% = $24)

Feb 2 payment made to munoz , since it is paid after 10 days no discount will be recieved

                          Accounts payable- munoz $900

                                                      Cash                $900

feb 28                  purchased goods worth $350 from reynold

                                                   Inventory $350

                                                          Accounts payable - reynold $350

5 0
3 years ago
After Hurricane Katrina there was considerable public outrage that many of the properties were not insured against flooding alth
STALIN [3.7K]

Answer:

A. the risk of wind damage is potentially diversifiable, but the risk of flooding is not

Explanation:

Based on the scenario being described it can be said that the best explanation for these different approaches would be that the risk of wind damage is potentially diversifiable, but the risk of flooding is not. Meaning that  most insurance companies cover wind damage because it is most likely during a hurricane but flooding may be a unique situation which is not always covered by most insurance companies/policies.

7 0
3 years ago
When a salesman travels for his company, he is given ______ ______, a specific amount of money he can spend for food, travel and
suter [353]

Answer:

a. per diem

Explanation:

The salesman's job responsibility to increase the sales for the company through which the company could accomplish its future goals. In exchange for that, the salesman gets the remuneration the company hired for.  

As when the salesman travels for his company, he has given the specific amount for food, travel, and hotel per diem. The per diem is a Latin word that means per day.

The daily allowance is given by the company to a salesman with the hope that the salesman perform his duties well so that he could be appraised in the next new months with respect to the promotion and other perks

7 0
3 years ago
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