Answer:
Part 1
The electricity cost, which varies in relation to machine hours is $0.50
Part 2
The Cost function will be :
$300 + $0.50 X
Explanation:
High-low method is used to separate the variable and fixed cost element of a mixed cost or semi variable expense.
Step 1 : Determine the variable cost
Variable Cost = ($750 - $500) ÷ (900 - 400)
= $0.50
Step 2 : Determine the fixed cost
Total Cost = Variable Cost + Fixed Cost
hence,
Fixed Cost = Total Cost - Variable Cost
using the high point to substitute in the formulae we get :
Fixed Cost = $750 - ($0.50 x 900)
= $300
thus,
Total Cost = $300 + $0.50 x
Answer: False
Explanation:
Negotiation is a dialogue taht takes place between two to more individuals so that a common stand can be reached on a subject.
Group-oriented negotiators are concerned about the interest of their teams or groups and not their own interests. Therefore, the above question is wrong.
Answer:
$80,704
Explanation:
Data provided in the question:
Budgeted Price = $20,176 per pool
Budgeted quantity = 12 pools
Actual quantity = 16 pools
Actual price = $20,992 per pool
Now,
Sales Volume Variance
= ( Actual Quantity - Budgeted Quantity) × Budgeted price
Thus,
Sales Volume Variance for April = ( 16 - 12 ) × $20,176
or
Sales Volume Variance for April = $80,704
The answer is that
"<span>
the change in accounts receivable is subtracted from net income".</span>
<span>When the indirect method is used, the starting
point is the net income and it is transformed to cash flows from operational actions
by adding back losses and subtracting gains so that these quantities are removed.</span>
1=A
2=D
3=C
4=A
5=C
6=C
7=D
8=A
9=C
10=D
11=C
12=A
13=C
14=B