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attashe74 [19]
3 years ago
5

Frazier Manufacturing Company collected the following production data for the past month: Units Produced Total Cost 1,600 $44,00

0 1,300 38,000 1,500 42,000 1,100 33,000 If the high-low method is used, what is the monthly total cost equation
Business
1 answer:
Likurg_2 [28]3 years ago
8 0

Answer:

total cost = 22 * x + 8800

Explanation:

The high low method is used to separate the components of variable and fixed cost when there is a mixed cost.

The highlow method calculates the variable cost per unit.

Variable cost per unit = 44000 - 33000 / 1600 - 1100 = $22 per unit

So, total fixed costs are equal to = 44000 - (1600*22) = $8800

We know that the total cost is the function of fixed + variable cost.

So, total cost = 22 * x + 8800

Where x is the number of units produced

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3 years ago
In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una
AleksandrR [38]

Answer:

I believe it would be a lot easier to argue organization's ethical responsibility to help employees deal with stress.

<u>Here's some ideas:</u>

<em>INTRO</em>

--> Introduce your topic/argument

(make sure to include a thesis statement!!)

First, show the reader how damaging stress can be to the employee by explaining it's negative impact on the employee's wellbeing:

  • Symptoms of stress and ways that it negatively impacts employees specifically.
  • Mention how stress reduces productivity and site research about it.

Point out how common stress is within the workplace by using stats or current day examples:

  • Statistics about the huge percentage of people who report feeling stressed out from work.
  • Use the current day example of how the current pandemic has had a massive impact on the stress especially on healthcare workers.
  • Main point: <em>stress is a very common and serious problem among employees</em>.

<em>BODY</em>

Argue how organizations DO have an ethical responsibility to help employees deal with stress:

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  • Show examples in history where organizations did not take good care of their employees.

To further strengthen your argument, mention how beneficial it is for the organization itself to provide resources for employees to help them manage their stress:

  • Provide statistics on the usefulness of stress-management programs within the workplaces (example: INCREASES PRODUCTION).
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<em>CONCLUSION</em>

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5 0
3 years ago
A machine is purchased on January 1, 2018, for $102,000. It is expected to have a useful life of eight years and a residual valu
allochka39001 [22]

Answer:

Depreciation expense 2019= $17,062.5

Explanation:

Giving the following information:

Purchase price= 102,000

Useful life= 8

Salvage value= 11,000

To calculate the depreciation expense under the double-declining balance, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2018= 2*[(102,000 - 11,000)/8]= $22,750

2019= 2*[(91,000 - 22,750)/8]= $17,062.5

4 0
3 years ago
eastern hotel corp. pays a constant $7.80 dividend on its stock. the company will maintain this dividend for the next 13 years a
Lesechka [4]

The stock is now trading at $52.16 per share.

The current value of an annuity of n regular payments of P at r% with yearly payments is provided by:

PV = P × (1 -((1 + r) ^{-n}÷r))

Estes Park Corp. distributes a fixed rate of a dividend of P = $7.80 per share on its shares. The corporation will retain this dividend for the following n = 13 years before ceasing dividend payments permanently. If the necessary returns on this stock are not metis r = 11.2% = 0.112.

The actual share price is calculated as follows:

Current share price = $7.80 × (1 -((1 + 0.112) ^{-13}÷0.112))

$7.80 × ((1 - 0.251) ÷ 0.112)

$52.16

Therefore, the current share price is $52.16

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6 0
11 months ago
In the BIG BUCKS LOTTERY, the chance of winning a $10 prize is 1%. What is your best guess about how many people would win a $10
3241004551 [841]

Answer:

The correct answer would be, 10 Persons.

Explanation:

If there are 1000 people in the Big Bucks lottery and there is a 1 percent chance of winning 10 dollars prize if all 1000 people buy the lottery ticket of 10 dollars. If every person buys 10 dollar lottery ticket, then the chances of winning people would be calculated as follows:

Total number of People = 1000

Chances of winning the lottery = 1%

So How many people would win 10 dollar lottery = 1000 * 1%

= 1000 * 0.01

= 10 People.

So there are chances that 10 out of 1000 people will win the lottery.

5 0
3 years ago
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