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
valentinak56 [21]
3 years ago
8

Winston Company’s high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in Decem

ber. Machine maintenance costs were $52,000 in April and $20,000 in December. Using the high-low method, estimated total maintenance cost for a month in which 40,000 units will be produced is
Business
1 answer:
horsena [70]3 years ago
5 0

Answer:

Total cost= $36,000

Explanation:

Giving the following information:

Winston Company’s high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in December. Machine maintenance costs were $52,000 in April and $20,000 in December.

<u>To calculate the total cost, first, we need to calculate the unitary variable cost. With the unitary variable cost, we can calculate the fixed costs. Then, the total cost at 40,000 units.</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (52,000 - 20,000) / (60,000 - 20,000)= $0.8 per unit

Now, we calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 52,000 - (0.8*60,000)= $4,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 20,000 - (0.8*20,000)= $4,000

Total cost= 4,000 + 0.8*units

Total cost= 4,000 + 0.8*40,000= $36,000

You might be interested in
Shirley Riddle earns ​$2 comma 327 biweekly. She is single and claims no withholding allowances. She saves​ 2% of her salary for
Paha777 [63]

Answer:

Shirley receive 2,126.16 dollars for each pay period.

Explanation:

the saving are considered part of his net earnings. The employeer gives a certain amount and from there, Shirley makes a save.

gross pay:                   2,327

insurance premium         22.82

Socal Security (6.2%)     144.274

medicare         (1.45%)      33.7415

Total deductions           200.8355‬

Net pay:                    2,126.1645‬    ≈ <em>2,126.16</em>

8 0
2 years ago
A vice president of operations wants to evaluate the impact of reducing manufacturing expenses on the firm's return on assets. W
frosja888 [35]

Available Options Are:

a. Cost of Goods Sold

b. Net Profit Margin

c. None of these

d. Asset Turnover

Answer:

Option B. Net Profit Margin

Explanation:

The increase or decrease in cost of Goods sold can not tell whether the return on assets has increased or decreased becuase it would only tell that the expense are decreased or increased not the profit. Which means it only tells one side of the story hence Option A is incorrect.

Option B is correct because it talks about the profit. If the manufacturing cost has been decreased then the it must increase the profit. Because if the profits has increased then the return on asset will increase. Hence the Option B is correct here.

Option D is incorrect because asset turnover formula is:

Asset Turnover = Sales / Total Assets

The decrease in manufacturing cost will not increase the sales because sales and total assets are independent of manufacturing expenses hence the Option D is incorrect.

3 0
3 years ago
Which phrase best describes a capital gain? an increase in the amount of capital a firm uses in production an increase in the va
rewona [7]

Answer:

An increase in the value of an asset

A portion of profits paid back to shareholders

Explanation:

Capital gain can be defined as a rise in the value of a capital asset (which could be investment or real estate) that facilitates a higher worth than the original purchasing price.

Dividend can be defined as a distribution of profits by a certain corporation to its shareholders.

4 0
3 years ago
The Economic Landscape of Oceania World Geography Unit 7:__________Australia, New Zealand, and the Pacific Islands
kykrilka [37]

Answer:

The Economic Landscape of Oceania World Geography are catching seals and whales, Trading wood and meats.

5 0
2 years ago
EA6.
vodomira [7]

Answer:

$750

Explanation:

The formula for determination of beginning inventory is given below:

Cost of goods sold=opening inventory+purchases-closing inventory

Cost of goods sold=$2,000

Purchases=$2,250

closing inventory=$1,000

Opening inventory=Cost of goods sold+closing inventory-purchases

                             =2,000+1,000-2,250

                             =$750

6 0
3 years ago
Other questions:
  • True or false osha regulations affect employers and employees under federal government authority.
    15·1 answer
  • Justify the following statement: "Diversity should exist in the workplace."
    11·2 answers
  • Why do managers consider direct costs to be more accurate than indirect​ costs?
    9·1 answer
  • Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic pric
    12·1 answer
  • Which of the following countries will be better off in the long​ run?
    15·1 answer
  • Which step in the process of measuring external transactions involves assessing the equality of
    11·1 answer
  • Which of the following is a feature of an effective business email?
    7·1 answer
  • Nancy checks her margin account and notices she has an SMA balance in her account. A 10% stock dividend was declared this mornin
    15·2 answers
  • 1] Using the business idea shown in the extract, discuss in a practical way, how FIVE (5) different techniques of
    8·1 answer
  • Which dimensions should a marketer consider when dealing with the human aspect of distribution channels?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!