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otez555 [7]
3 years ago
5

The following information is available for a company’s maintenance cost over the last seven months.

Business
1 answer:
Rainbow [258]3 years ago
3 0

Answer:

Variable cost per unit= $250 per unit

Fixed costs= $2,100

Explanation:

Giving the following information:

June= 9 $5,450

July= 18 $6,900

August= 12 $5,100

September= 15 $6,000

October= 21 $6,900

November= 24 $8,100

December= 6 $3,600

To calculate the fixed and variable costs under the high-low method, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (8,100 - 3,600) / (24 - 6)

Variable cost per unit= $250 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 8,100 - (250*24)

Fixed costs= $2,100

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 3,600 - (250*6)

Fixed costs= $2,100

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Selling. general, and administrative expenses were $80,000, net sales were $390,000, interest expense was $16.000: research and
elixir [45]

Answer:

<u>The correct answer is C. US$ 30,000</u>

Explanation:

1. What was the operating income for the period?

Operating income = Net sales - Cost of goods - Operational expenses

Operational expenses on this question are:

  1. Selling. general, and administrative expenses
  2. Interest expenses
  3. Research and development expenses
  4. Income tax expense

According to the information provided, we have then:

Operating income = 390,000 - 220,000 - 80,000 - 16,000 - 34,000 - 10,000

Operating income = 390,000 - 360,000

Operating income = 30,000

<u>The correct answer is C. US$ 30,000</u>

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8 0
3 years ago
Which part of the passage hints at Helen's efforts of ensuring visibility on social media sites?
jekas [21]

Answer: She updates her online profile regularly and participates in work related online discussions.

Explanation:

3 0
3 years ago
A(n) ____ project implements changes to an existing system to enable operation in a different technology environment. question 5
RSB [31]

Maintenance

What is Technology Environment?

Environmental technology (envirotech), also referred to as green technology (greentech), or clean technology (cleantech), is the application of one or more of environmental science, green chemistry, environmental monitoring, and electronic devices in order to monitor, model, and conserve the natural environment and resources, as well as to lessen the adverse effects of human involvement. The phrase is also used to refer to renewable energy generation methods like photovoltaics and wind turbines. The foundation of environmental technology is sustainable development. Another use of the phrase "environmental technology" is to refer to a group of technological gadgets that can support resource management that is sustainable.

To learn more about Technology Environment

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8 0
1 year ago
At the beginning of 2016, robotics inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was
Serhud [2]

Answer:

$667,826

Explanation:

Straight Line depreciation is a method of depreciation in which the cost of the asset net of residual value is divided over useful life.

As per given data

Cost of building = $9,000,000

Residual Value = $1,000,000

Useful life = 25 years

Depreciation per year = ($9,000,000 - $1,000,000 ) / 25 years = $320,000

Net Book Value at beginning of 2018 = $9,000,000 - $320,000 = $8,680,000

Switched to Double Declining Method

In double declining method the double depreciation is charged on the asset's book value at the beginning of the year. The Depreciation is accelerated in this method.

Depreciation for 2018 = 2 x (Asset's book value at the beginning of the year - Salvage Value ) / Numbers of Useful life remaining

Depreciation for 2018 = 2 x ($8,680,000 - $1,000,000 ) / (25 - 2)

Depreciation for 2018 = 2 x ($8,680,000 - $1,000,000 ) / (25 - 2)

Depreciation for 2018 = $667,826

7 0
3 years ago
17. What is the difference between a stock dividend and a stock split? As a stockholder, would you prefer to see your company de
gulaghasi [49]

Answer: The answers are provided below.

Explanation:

A stock dividend occurs when the firm uses the money that was meant to be paid to the shareholders as cash dividend to buy additional common shares for them. A stock split occurs when a firm gives two or more new shares to every existing share that an investor holds.

As an investor, I'll consider whether the aim of the company in making a stock split or issuing a stock dividend aligns with my aim of investing in the company. In a case where the aims doesn't align with mine, I'll go and invest in another firm.

A company declaring 100% dividend shows growth and also, as a stakeholder, tax may not be paid by me. Stock split gives room for small investors to invest and it also reduces share price.

4 0
3 years ago
Read 2 more answers
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