Financial management cannot be related to other functional areas of management such as marketing.

an article titled “What the Top 1% of Earners Majored In,” that 8.2% of Americans who majored in economics for their undergradua

RUDIKE [14]

Your economics training provides you with a terrific set of job skills, and in fact the economics major provides you with virtually all of the top ten most important job skills.

Economics are not restricted to one specific job category. Thus you have a wide variety of employment choices available to you. Because you have both quantitative as well as qualitative skills, however, it is natural to exploit your comparative advantage and find a position that utilizes both sides of your training.

The job market recognizes the special job skills that a major in economics provides. 80% of graduates in economics receive starting salaries in the range of $24,800-42,000 (

8 0

3 years ago

The Connors Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixe

olga nikolaevna [1]

Estimated total cost at an operating level of 9,000 hours will be $38,200.

<h3>SOLUTION: -</h3>

As per high low method

Variable cost = Change in cost / Change in hours = (High cost - Low cost) / (High hours - Low hours).

Particular Cost Hours

High $42,000 10,000

Low $23,000 5,000

Change $19,000 5,000

Variable cost = $19,000 / 5,000

= $3.80 per hour

Fixed cost = Total cost - variable cost

= $23,000 - ( $3.80 × 5,000 )

= $23,000 - $19,000

= $4,000

Estimated total cost at an operating level of 9,000 hours

Fixed cost + Variable cost

= $4,000 + ( $3.80 × 9,000 hours)

= $4,000 + $34,200

= $38,200

Therefore, Estimated total cost at an operating level of 9,000 hours is = $38,200.

To know more about Estimated total cost, check the given links.

brainly.com/question/23365014

brainly.com/question/1329443

#SPJ4

Correct Question - The Connors Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Connors Company has heard about a method of measuring cost functions called the high−low method and has decided to use it in this situation.

Cost Hours

$24,360 5,800

$26,500 6,100

$34,800 7,850

$42,360 13,000

$38,800 9,400

What is the Estimated total cost at an operating level of 9,000 hours?

5 0

2 years ago

An insurance settlement offer includes annual payments of $36,000, $42,000, and $50,000 over the next three years, respectively,

padilas [110]

It’s C bc u add up all the money

4 0

2 years ago

Read 2 more answers

In Part 5 of Form 940, Peterson Company reported FUTA tax liabilities as follows:

kari74 [83]

Answer:

First quarter: amount $0 date: -

Second quarter: amount $606.60 date: July 31

Third quarter: amount $0 date: -

Fourth quarter: amount $537 date: January 31

Explanation:

As per IRS, in part 5 of Form 940, Peterson Company will report FUTA tax liability by Quarter only if Total FUTA Tax after Adjustments is more than $500. So, Peterson Company is not required to pay FUTA tax until FUTA tax liability is more than $500 and if in any particular quarter the FUTA tax liability is less than $500 then the cumulative amount will be taken with the next quarter until the FUTA tax liability reaches more than $500. So first quarter will add up with quarter 2 and the FUTA tax liability will be $606.60 & third quarter will add up with fourth quarter and the FUTA tax liability will be $537.

As far as due dates are concerned, the due date of the first quarter is the month after the end of first quarter. So, for the quarter from January to March the Due Date will be April 30, from April to June the Due Date will be July 31, from July to September the Due Date will be October 31, from October to December the Due Date will be January 31.

6 0

3 years ago

n 2013, the price of gas was $3.60 per gallon, and in 2016, the price of gas was $2.05 per gallon. Since one would be spending l

devlian [24]

Answer:

Oil price

Explanation:

THe oil price effect states that when the oil price rises, most of the products that need oil to be produced or transported also will rise, and when oil price decreases most of the same products should also lower their prices, in this case gas is the one of the most related products to oil, since it is the main product of oil, and a decrease in the cost of oil will result in a direct decrease in the price of gas.

7 0

3 years ago