Answer:
the high-low method
Explanation:
The high-low method -
It is the method used by comparing the total cost of the highest level of activity with the lowest level of activity , is referred to as the high - low method.
This method is used in order to separate the fixed and variable costs for a limited amount of data .
Hence , this method compare the data of two points .
Therefore , the correct option from the given options is the high - low method.
Answer:
The correct answer is letter "D": export packer.
Explanation:
An Export packer is usually a third party in charge of classifying objects by bulk considering features such as weight, size, and fragility. Those materials are subject to exportation thus the export packer analyzes if the objects meet the international standards before the packages shipped. Export packers fasten the flow of packaging supervision in countries' customs.
Answer:
Variable cost per unit= $5.5 per unit
Explanation:
Giving the following information:
Month Total Maintenance Costs Total Machine Hours
January $2,590 330
February 2,890 380
March 3,490 530
April 4,390 660
May 3,090 530
June 4,790 730
To calculate the variable cost using the high-low method, we need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (4,790 - 2,590) / (730 - 330)= 2200/400= $5.5 per unit
Answer:
A) Increased traffic congestion and difficulty parking on your street. EXTERNAL COSTS AND PRIVATE COSTS
B) Increased electric bill from the holiday lights. PRIVATE COSTS
C) Winning the holiday fights display contest PRIVATE BENEFITS
Explanation:
Private costs refers to the cost of providing a good or service.
Private benefits refers to the benefits an individual obtains from consuming a certain good or service.
External costs occur when producing and consuming a good or service generates negative externalities to other third parties.
External benefits occur when producing and consuming a good or service generates positive externalities to other third parties.