1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.  

You might be interested in
This year Randy paid $29,050 of interest on his residence. (Randy borrowed $464,000 to buy his residence, and it is currently wo
Luden [163]

Answer:

the last part of the question is missing, so I looked for it:

a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.

b. Randy had no investment income this year, and his AGI is $75,000.

a) Randy can deduct $31,575:

  • the mortgage interest is deductible
  • the car loan interest is not deductible
  • he can deduct $4,725 - $2,200 = $2,525 as investment interest expense

b) Randy can deduct $29,050

  • the mortgage interest is deductible
  • the car loan interest is not deductible
  • since he had no investment revenue, he cannot deduct any investment interest expense

5 0
3 years ago
malek jones, a business analyst at the vnh corporation, feels that his employer terminated him for no reason. although the compa
antiseptic1488 [7]

Constitutions and, more specifically, anti-discrimination statutes represent public policy about equal employment opportunity (EEO).

These laws are in place at the federal, state, and local levels in the United States.

In terms of the employers or other entities they cover, the specific groups of people they defend, the transactions they regulate, and the kind and scope of legal remedies they offer, EEO laws differ widely from one location to another. When businesses engage employees, the philosophical idea of EEO is implied, at the very least.

WHAT IS AN "OPPORTUNITY" FOR WORK?

U.S. EEO rules forbid discrimination in terms and circumstances of employment on the basis of specified characteristics. As a result, "opportunities" can be found in a variety of employment circumstances, such as:

  • both inside and outside.
  • application forms for jobs.
  • interviewing potential employees.
  • pre-employment examinations
  • inquiries into backgrounds.
  • Hiring.
  • Compensation.
  • Benefits.
  • Employee services or perks (sometimes known as perquisites).
  • working circumstances.

To learn more about equal employment opportunity from the given link.

brainly.com/question/27853265

#SPJ4

8 0
1 year ago
Who is responsible for making the workplace free of harassment and discrimination?
MArishka [77]

Answer:

The employer

Explanation:

because use they are replaceable for their employees to be treated well and equally.

5 0
1 year ago
What actions would the fomc likely take if it were to pursue contractionary monetary policy using open market operations?.
tamaranim1 [39]

The key movements via are to increase the economy consist of a decreased bargain fee, buying government securities, and a decreased reserve ratio.

<h3>When the Fed makes use of contractionary policy?</h3>

When GDP in a kingdom is growing too fast, inflicting inflation to grow past a suited charge of two%, central banks will put in force a contractionary economic coverage. The Federal Reserve, or any principal financial institution, has three primary pieces of equipment to reduce the money supply.

A direct advantage of contractionary economic coverage is that it strengthens government budgets. As an instance, whilst the Fed's bargain price increases, the government earns extra cash from the banks that borrow budget from the Fed's cut price window. The government can use this supply of sales to offset spending and decrease price range deficits.

Learn more about contractionary monetary policy here brainly.com/question/27500362

#SPJ10

3 0
1 year ago
Pat's Custom Tuxedo Shop maintains its records on the cash basis. During this past year Pat's collected $43,300 in tailoring fee
Luba_88 [7]

Answer:

net income = $31,500

Explanation:

given data

collect tailoring fees = $43,300

paid expenses = $12,300

Depreciation expense=  $2,500

Accounts receivable =  $1,050

supplies increased = $4,300

liabilities increased = $2,350

to find out

accrual basis net income

solution

we get here net income by given expression that is

net income = tailoring fees - expenses paid + account receivable + supplies increased - liabilities increased - Depreciation expense .......1

put here value

net income =  $43,300 - $12,300 + $1,050 + $4,300 - $2,350 - $2,500

net income = $31,500

8 0
3 years ago
Other questions:
  • Valley Spa purchased $8,000 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 12% promissory note for $8,000. I
    10·1 answer
  • Stanford Rosenberg Computing wants to establish an assembly line for producing a new product, the Personal Digital Assistant (PD
    10·1 answer
  • The Water Sports Company soon will be producing and marketing a new model line of motor boats. The production manager, Michael J
    14·1 answer
  • Mike and Jane Lewis, a married couple filing a joint return, paid funeral expenses of $10,000 for their dependent child in the c
    15·1 answer
  • What determines our ability to purchase things we want and/or need?
    11·1 answer
  • Items held for sale in the normal course of business are referred to as
    6·1 answer
  • What does the preamble to the Constitution envision?
    12·2 answers
  • Donna and Matthew share an office. Donna was balancing her checkbook when she was called
    6·2 answers
  • Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
    5·2 answers
  • What is a traditional career?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!