Answer:
Variable cost per unit= $1.75
Fixed costs= $4,500
Explanation:
Giving the following information:
Units Produced Total Cost
July 18,000 $36,000
August 32,000 48,000
September 36,000 55,000
October 22,000 38,000
November 40,000 74,500
December 38,000 62,000
<u>To calculate the variable and fixed costs under the high-low method, we need to use the following formulas:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (74,500 - 36,000) / (40,000 - 18,000)
Variable cost per unit= $1.75
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 74,500 - (1.75*40,000)
Fixed costs= $4,500
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 36,000 - (1.75*18,000)
Fixed costs= $4,500
Answer:
The correct answer is "consumer price index"
Explanation:
The average of the prices paid by customers for goods and services, belonging at the fixed market basket is called Consumer Price Index (CPI). The consumer price index is an excellent measure or indicator of inflation. It's calculated and measured by the Bureau of Labor Statistics.
Answer:
4,500
Explanation:
Use the I=PRT method to help
P=10,000 T=5 years R=9%=9/100=0.09
this is going to be your equation
I=10,000 x .09 x 5
multiply you t x r
it should now look like this,
I=10,000 x .45
now the last thing to do is just multiply them both.
you should get,
I=4500
If a buyer were to return or take an allowance on merchandise, they must issue a debit memorandum. They do this to let the seller know there was a debt made to their accounts payable in their records. This limits the liability they have for being audited for incorrect placement of debt.
Answer:
tactical
Explanation:
To start, sustain and grow a business, it is essential to make good decisions. However, if all decisions fall to the entrepreneur, the task can be overwhelming and time is permanently short.
Tactical decisions
These are decisions that, while having an impact on the development of the business, do not compromise your future. They usually get rid of strategic decisions and, therefore, can be delegated to professionals or qualified personnel (managers, managers, area managers). Some common tactical decisions in an SME: how to organize work shifts, which suppliers to buy, who to hire, how to distribute the premises or office, with which banks to operate, what promotions to offer to customers.
