1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-Dominant- [34]
4 years ago
5

Seifer Inc.'s inspection costs are listed below: Units Produced Inspection Costs April 119 $ 8,558 May 117 $ 8,535 June 113 $ 8,

150 July 125 $ 8,736 August 152 $ 9,357 September 108 $ 8,321 October 120 $ 8,603 November 192 $ 10,337 Management believes that inspection cost is a mixed cost that depends on the number of units produced. Required: Using the high-low method, the estimates of the fixed component of inspection cost would be closest to:a.$22 per unit plus $6,000 per month
b.$14 per unit plus $8,000 per month

c.$25 per unit plus $5,400 per month

d.$18 per unit plus $6,800 per month
Business
1 answer:
kompoz [17]4 years ago
5 0

Answer:

$26 and $5,345

Explanation:

The computation of the fixed cost and the variable cost per unit by using high low method is shown below:

Variable cost per unit = (High inspection cost - low inspection cost) ÷ (High units produced - low units produced)

= ($10,337 - $8,150) ÷ (192 units - 108 units)

= $2,187 ÷ 84 units

= $26

Now the fixed cost equal to

= High inspection cost - (High units produced × Variable cost per unit)

= $10,337 - (192 units × $26)

= $10,337 - $4,992

= $5,345

This is the answer but the same is not provided in the given options

You might be interested in
Based on the information in the table, which BEST explains the relationship between Country A and Country B?
Ivan

Answer:

Im going with b because i cant see the picture

Explanation:

8 0
3 years ago
In the last two years, BMW AG, the Bavarian auto maker, has developed a car made primarily from carbon-fibers that is not only l
Elis [28]

The new manufacturing plant of BMW vehicles will be engaged in the process of mass production.        

<h3>What is mass production?</h3>

The process of production, wherein a large proportion of goods or inventories are produced by a business organization to reduce the costs of production, is known as mass production.

Hence, option B states about mass production. Complete question has been added in the image for reference.

Learn more about mass production here:

brainly.com/question/17725162

#SPJ1

5 0
2 years ago
When a buyer returns merchandise purchased for cash, the buyer will record the transaction as a:____
Gwar [14]

Answer:

c. Debit to Cash and a credit to Merchandise Inventory

Explanation:

When a buyer returns goods these are return outwards,

The correct entries to record them would be to debit cash as goods have been returned and credit the merchandise purchased so,

Debit cash account with the amount of goods returned

Credit Merchandise inventory with the amount of goods returned.

Hope that helps.

7 0
3 years ago
Brown Corp., a calendar-year taxpayer, was organized and actively began operations on July 1, 2013, and incurred the following c
PolarNik [594]

Answer:

The amount of amortized organizational expenses for the year 2013 would be $6,333 ( approximately )

Explanation:

First of all the important point here to note is that while calculating the amortized organizational cost we only include the legal fee for drafting the corporate charter and not the commission paid to underwriter or cost incurred while selling the stock.

In the legal fee for corporate charter too there are limitations , as only $50,000 are allowed as total expenditure to be amortized over a period of 15 years or 180 months. Where for the first year the limitation allowed is $5000 and rest of the amount would be amortized over 180 months.

So $45,000 - $5000 = $40,000

$40000 / 180 = $222.22

Now multiplying this by 6 months as the operations of company began on 1 July , 2013,

$222.22 x 6 = $1333.32

Now adding this amount to $5000 will give us the total amortized organizational expense,

$5000 + $1333.32 = $6,333.32

= $6,333 ( approximately )

7 0
3 years ago
Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. Given this fo
zimovet [89]

Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. The individual that would be best fit for working at Barcelona is the person with Strong Type B personality

Answer: Option (d) is correct

Explanation:

Type B personality people are fit for working in Barcelona. They are the ones who are stress- free. They have control over their emotions. They are mostly relaxed and not at all aggressive.

They can comfortably express them without any kind of hesitation. They possess patience which is of utmost importance in any field. Their flexible nature enables them to adapt to changes quickly. They are highly motivated but have laid back attitude.

8 0
3 years ago
Other questions:
  • HELPPSPSPPSPSOSPPSSPOSJHDJWK
    10·1 answer
  • Kentucky fried chicken, better known as kfc, holds one of the most desired recipes in the world for their signature, 11-spice bl
    6·1 answer
  • If Good C increases in price by 50 50 % a pound, and this causes the quantity demanded for Good D to increase by 60 % 60% , what
    5·2 answers
  • Matt newell, a former air force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views
    5·1 answer
  • When Hertz Rent-a-Car decides to expand its fleet, several companies as well as consumers will be involved. Financial services w
    6·1 answer
  • Traffic patterns in a particular room arrangement cannot be predicted ahead of time; instead, teachers must simply wait until st
    11·1 answer
  • On average, a person with a bachelor's degree earns
    11·1 answer
  • By the 1990s, A. Tourism was possibly the largest single global industry. B. The manufacture of computers and microchips had mov
    13·1 answer
  • Among the major channels of management communications, _____ is the predominant method of communicating
    8·1 answer
  • Tina is the inventor of a personal fitness tracking device, and she is in the process of hiring employees after receiving invest
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!