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Verdich [7]
3 years ago
11

The controller of Sunland Industries has collected the following monthly expense data for use in analyzing the cost behavior of

maintenance costs. 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 5,470 730 (a1) Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour $
Business
1 answer:
Anastasy [175]3 years ago
6 0

Answer:

Variable cost per unit= $7.2 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: $5,470 - 730

To calculate the variable cost under 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= (5,470 - 2,590) / (730 - 330)

Variable cost per unit= $7.2 per unit

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Investigating production variances and adjusting the production process is an example of.
dalvyx [7]

Investigating production variances and adjusting the production process is an example of controlling, which is one of the main activities of organizations.

<h3>What is controlling?</h3>

Controlling is a process that is responsible for guiding business management towards the proposed objectives, that is, control allows corrective actions to be taken when necessary.

<h3>Characteristics of controlling</h3>

  • Help in the collection of information that helps optimize decision-making in the direction of the company.

  • It allows to elaborate a planning, coordinate the tasks that the company must carry out and the mechanisms for the analysis and adjustment of the variables that influence the production process of the company.

Therefore, we can conclude that controlling allows adjusting the process to the goals that have been established and having access to and knowledge of the data.

Learn more about controlling here: brainly.com/question/24304293

3 0
2 years ago
After using market research to identify the target audience for his advertising campaign, jorge will next use this information t
beks73 [17]

Answer:

D. Set explicit and measurable objectives for the campaign.

5 0
4 years ago
One problem in the interstate trucking industry is the number of trucks that return empty after making a delivery. There is a we
balu736 [363]

Answer:

Yield management pricing

Explanation:

Yield management pricing is the charging of different prices for a given set of capacity at a specific time in order to maximize revenue. This is based on the demand and supply in the market and is very common in industries such as airlines, hotels and resorts. When there is very high demand for airline seats, prices for them are high. However, if some of those passengers decided to refund their tickets, close to departure and the flight would be taking off soon, instead of flying with empty seats and no revenue from them, the airline would decide to sell these same seats at a cheaper rate in order to gain some revenue. This is a form of revenue maximization.

6 0
3 years ago
Eric has another​ get-rich-quick idea, but needs funding to support it. He chooses an​ all-debt funding scenario. He will borrow
Hunter-Best [27]

Answer:

6.442%

Explanation:

Given:

Amount borrowed from Wendy = $1,227

Charges on loan by Wendy = 4% = 0.04

Amount borrowed from Bebe = $1,143

Charges on loan by Bebe = 6% = 0.06

Amount borrowed from Shelly= $630

Charges on loan by Shelly = 12% = 0.12

Now,

Total cost of capital = $1,227 + $1,143 + $630 = $3,000

Weight of Wendy = \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{1,227}}{\textup{3000}}

= 0.409

Weight of Bebe = \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{1,143}}{\textup{3000}}

= 0.381

Weight of Shelly= \frac{\textup{Value of Wendy}}{\textup{Total Capital Value}}

= \frac{\textup{630}}{\textup{3000}}

= 0.21

The weighted average cost of capital for​ Eric

= ∑ (weight × cost)

= 0.409 × 0.04 + 0.381 × 0.06 + 0.21 × 0.12

= 0.01636 + 0.02286 + 0.0252

= 0.06442

or

=  0.06442 × 100% = 6.442%

4 0
4 years ago
g A particular brand of toothpaste costs 4 British pounds in London. The nominal exchange rate is .80 and the real exchange rate
Nostrana [21]

Answer:

The answer is option (d)$2.76

Explanation:

Solution

Given that:

The cost of a particular brand of toothpaste = 4 pounds

The exchange rate = .80

Real exchange rate = 1.16

Now

Real exchange rate is given as:

R = real exchange rate

e = nominal exchange rate

PF = foreign price

P = domestic price

Suppose we say that U.S. is a domestic country and British is a foreign country we have the following formula below:

R =  e(PF/P)

R = 1.16

e = 0.80

PF = 4

Thus

R =  e(PF/P)  

1.16 = 0.80(4/P)

P = 3.2/1.16

= 2.7586207

= $2.76

Therefore, The U.S rice of the same toothpaste is about $2.76

4 0
3 years ago
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