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Nat2105 [25]
3 years ago
6

Wadhams Snow Removal's cost formula for its vehicle operating cost is $1,900 per month plus $430 per snow-day. For the month of

December, the company planned for activity of 16 snow-days, but the actual level of activity was 21 snow-days. The actual vehicle operating cost for the month was $11,470.
Required:
1. The vehicle operating cost in the planning budget for December would be closest to _________.
Business
1 answer:
tekilochka [14]3 years ago
5 0

Answer:

$8,780

Explanation:

According to the planning budget, the monthly operating cost for the vehicle is:

C=1,900+430d

Where 'd' is the number of snow-days.

If the company has planned for 16 snow days, then the operating cost in the planning budget would be:

C=1,900+430*16\\C=\$8,780

The planning budget for December would be $8,780

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Answer:

2. More people needed to have discretionary income.

Explanation:

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8 0
3 years ago
An investment adviser structured as a partnership lends money to a customer to buy recommended securities. Under NASAA's Model R
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A) acceptable, provided the securities are used as collateral for the loan and the loan conforms to the provisions of Regulation T.

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5 0
3 years ago
Advancements in medical technology often lead to new careers.<br><br> True<br> False
algol [13]
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8 0
3 years ago
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A bottling operation has a mean fill level of 10.01 ounces with a standard deviation of 0.25 ounces. Random samples of 20 bottle
MAVERICK [17]

Answer:

The upper limit is 10.1

The lower limit is 9.91

Explanation:

Given that:

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The lower limit = 10.01 - 0.1 = 9.91

6 0
3 years ago
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