That is true because has most likely asked for higher than the offer.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Month - Lease cost - Machine hours
April: $15,000 - 800
May: $10,000 - 600
June: $12,000 - 770
July: $16,000 - 1,000
Using the high-low method, first, we need to determine the unitary variable cost. We need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (16,000 - 10,000) / (1,000 - 600)
Variable cost per unit= $15 per unit
Now, we can calculate the fixed costs:
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 16,000- (15*1,000)
Fixed costs= $1,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 10,000 - (15*600)
Fixed costs= $1,000
Answer:
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
Explanation:
The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.
The steps involved in the problem-solving process are;
1. Identify and define the problem: this is the first step to be taken in solving a problem. This is to ensure that, the focus is on the main issue or situation and all efforts is channeled in the right direction rather than the symptoms.
2. Gathering of information: this helps to consider the options available in solving a problem effectively.
3. Consider your options: this helps to compare the available and viable solutions to the problem.
4. Weigh disadvantages and evaluate a solution: you weigh the disadvantages of each solution, before choosing the one with the least disadvantages.
Hence, the fundamental steps of the problem solving process in the correct order are;
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
Answer:
Today, the Chinese own Armour and the famous Smithfield hams, together with the most quintessential American brand of all: Nathan's Famous hot dogs, with its iconic annual eating contest. ... It remains the largest total acquisition of a U.S. company by the Chinese.
Explanation:
70,000 to 120,000 known species of shells are in the sea
