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kogti [31]
3 years ago
5

Fulton and Sons, Inc. presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for

each copy made. Fulton made 13,000 copies and paid a total of $470 in March; in May, the firm paid $420 for 10,000 copies. The company uses the high-low method to analyze costs.Fulton’s variable cost per copy is: (Round your final answer to 3 decimal places)A. $0.017.B. $0.028.C. $0.030.D. $0.033.E. None of the answers is correct.
Business
1 answer:
aivan3 [116]3 years ago
3 0

Answer:

a.$0.017.

Explanation:

Fulton and Sons, Inc. use high-low method to calculate costs. This is one of the methods to estimate cost. This method analyzes high level of activity and low level of activity and then compares it with cost at each level of activity. The variable cost per copy will be calculated by the formula given below,  

The variable cost per copy = (High Cost - Low cost) / (High units - Low units)  

= $470 - $420 / 13,000 - 10,000  

= $50 / 3000  

= $0.017 per copy.  

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When the LA Galaxy played soccer in a stadium that seated 80,000-90,000 fans, many of the available tickets to each game went un
MaRussiya [10]

Answer:

d) Inventory

Explanation:

In the given question, the LA galaxy company has an issue with the idle production capacity. And the production is of the inventory only, so the other options like Inseparability, Inconsistency, Intangibility, Irrationality are not appropriate in the given example

Thus, the most appropriate option is of inventory as the question is talking about the production capacity so, of inventory the production capacity can be measured.

4 0
3 years ago
A job candidate is being taken out to dinner by a an interviewer. The interviewer gets to pick therestaurant they will dine (eit
Fofino [41]

Answer and Explanation:

a. They will visit the local restaurant and the job candidate will choose to have salad as an order. Please check the attachment I added for the other parts of the answer.

b. The interviewer would make a choice and choose local restaurant. Based on this choice, the job candidate will choose salad. If the interviewer should choose chain restaurant, the job candidate will choose steak

C. Strategy

The interviewer:

S = {chain,local}

Job candidate:

S = {(steak, salad} multiplied by {steak, salad}

= {(Steak steak), (steak salad), (salad, steak), (salad,salad)}

5 0
3 years ago
OceanGate sells external hard drives for $260 each. Its total fixed costs are $30 million, and its variable costs per unit are $
Svetach [21]

Answer:

a. in order to calculate this we must assume that the economy entered a recession:

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b. $14 million

Explanation:

strong economy:

total sales $520 million

<u>variable costs $420 million</u>

gross profit $100 million

<u>fixed costs $30 million</u>

EBIT $70 million

<u>income taxes $21 million</u>

net income $49 million

weak economy:

total sales $260 million

<u>variable costs $210 million</u>

gross profit $50 million

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EBIT $20 million

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7 0
3 years ago
Although humans made stone tools for 200,000 years the most sophisticated form and last complete stone tool kit is the ________,
Margarita [4]

Although humans made stone tools for 200,000 years the most sophisticated form and last complete stone tool kit is the <u>crude stone tools </u>represented by: the awl, atlatl and bow & arrow.

<h3 /><h3>What were crude stone tool?</h3>

Any tool that is partially or totally fashioned out of stone is considered a stone tool in the broadest definition. Even if there are still societies and cultures that rely on stone tools, most of them are related to extinct prehistoric (especially Stone Age) cultures.

Archaeologists frequently research these prehistoric societies, and the examination of stone tools is known as lithic analysis. To deepen our understanding of the cultural ramifications of stone tool use and production, ethnoarchaeology has been a useful research field.

Arrowheads, spearheads, hand axes, and querns are just a few examples of the numerous tools made from stone throughout history. Stone can be ground into tools or it can be shaped by a flintknapper into knapped implements.

Learn more about stone tool

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8 0
2 years ago
1.2 Which of the following is not a nominal account?
bonufazy [111]

Answer:

i can say is capital

Explanation:

8 0
3 years ago
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