Answer:
The correct answer is d. $0.31 per client-visit; $24,766 per month.
Explanation:
The costs can be of fixed nature or a variable nature or of a mixed nature. A mixed costs contains a component of both fixed and variable costs. The high-low method is used to calculate the variable component per unit of a mixed cost. Th formula for high low method is:
Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity level - Lowest activity level)
the highest activity is in June, 13400 client visits and the highest cost is also of this activity. The lowest activity is in August, 11207 client visits and the lowest cost belongs to this activity.
Variable cost per unit = (28920 - 28235) / (13400 - 11207)
Variable cost per unit = $0.31 rounded off to two decimal places
The fixed cost = Total cost - total variable cost
Taking 13400 activity,
The fixed component is = 28920 - (0.31 * 13400) = $24766 per month
Thus, the correct answer is d.
Answer:
The answer is 1. Culture shock
Explanation:
What is culture shock?
According to Merriam-Webster, culture shock is defined as the sense of confusion and uncertainty sometimes with feelings of anxiety that may affect people exposed to an alien culture or environment without adequate preparation.
With the definition above, it is therefore safe to say that, in the case of Hayley feeling uncomfortable and disoriented in a new environment, she is experiencing Culture Shock.
Answer:
$8,000
Explanation:
Data provided in the question:
cost of machine = $33,000
Estimated residual value = $3,000
Estimated useful life = 3 years
Estimated useful life in terms of production = 60,000 units
Total units produced in year 1 = 16,000
Now,
Rate of annual depreciation with respect to units produced
= [ Cost - Salvage value ] ÷ Estimated useful life in terms of production
= [ $33,000 - $3,000 ] ÷ 60,000
= $0.5 per unit
Therefore,
Depreciation expense for the year 1
= Rate of annual depreciation × Total units produced in year 1
= $0.5 per unit × 16,000 units.
= $8,000
Answer:
$343
Explanation:
Andrea and Phillip's annual premium cost can be calculated using the cost per thousand formula:
cost per thousand = annual premium / thousands of coverage
- cost per thousand = $0.98
- thousands of coverage = $350,000 / $1,000 = 350
$0.98 = annual premium / 350
annual premium = $0.98 x 350 = $343
Answer: Information Support and Services, and Programming and Software Development
