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3 years ago

Given the mixed cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be:

Business

1 answer:

Katyanochek1 [597]3 years ago

7 0

Answer:

D) $29,600

Explanation:

The mixed cost formula gives the relationship between the cost and the level of activities. It shows the cost as a function of the activity level.

The formula also shows that the cost is made up of a fixed element ($16,000) and a variable element ($3,40X).

Hence at an activity level of 4000 units,

Y = $16,000 + $3.40(4000)

= $29,600

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Why does compound interest earn you a higher annual percentage yield

gladu [14]

The reason compound interest earn you a higher APY on savings account is with compounding you earn interest on the money that has already earned interest.

With compound interest, interest is earned on the amount of money that has already earned an interest. On the other hand, with simple interest, interest is earned only on the principal.

Imagine that you deposit $100 in a savings account with an interest rate of 10% and annual compounding.

Value of the account in one year = 100 x (1.1) = 110

Value of the account in two years = 100 x (1.1)² = 121

Imagine that you deposit $100 in a savings account with an interest rate of 10% and simple interest.

Value of the account in one year = 100 + (100 x 0.1 x 1) = 110

Value of the account in two years = 100 + (100 x 0.1 x 2) = 120

To learn more about compound interest, please check: brainly.com/question/7420113

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2 years ago

On June 30, 2018, Mabry Corporation issued $15 million of its 8% bonds for $13.8 million. The bonds were priced to yield 10%. Th

Ugo [173]

Answer:

Mabry Corporation

Using the effective interest method, the bond discount should be reduced for the 6 months ended December 31, 2018 by:

= d. $90,000

Explanation:

a) Data and Calculations:

Face value of bonds issued = $15 million

Issue price of the bonds = 13.8 million

Bonds discounts = $1.2 million

Coupon rate of interest = 8%

Effective interest rate = 10%

Interest payment = semi-annually on December 31 and July 1

December 31, 2018:

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Interest expense = $690,000 ($13.8 million * 5%)

Amortization of discounts = $90,000 ($690,000 - $600,000)

Fair value of bonds = $13.89million ($13.8m + $90,000)

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3 years ago

Susan’s customers are always concerned about what they are receiving in exchange for what they are paying. They are concerned ab

liubo4ka [24]

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In the given case, the customer of Susan's were concerned about their utility satisfaction.

Hence from the above we can conclude that the correct option is C.

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3 years ago

Suppose Lisa starts driving for Uber as a part-time job to supplement her income as a home-based web designer. When working as a

abruzzese [7]

Answer:

$12.5(at least) would be needed to induce Lisa for driving Uber instead of working on web designing.

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3 years ago

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Akimi4 [234]

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3 years ago

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