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
2 2 user: the cost to mail a package is $7 for the first 2 pounds and 30 cents for each additional ounce. which of the following
NARA [144]

f(x) = 7 + 0.3x

tell me if I am wrong

7 0
3 years ago
: In 2021, Garret Market remained fully open while conducting inventory, but in 2022 Garrett closed during inventory. In 2023, G
andreev551 [17]

Answer:

The answer is:

  • 2022 most accurate inventory
  • 2021 least accurate inventory

Explanation:

Garret Market uses a periodic inventory system (updates are made on a periodic basis) and in order to carry out this process correctly, the inventory should remain closed. Only in 2022 was the inventory closed, so it should be the most accurate. In 2021 the store remained fully opened and inventory was modified daily, so it should be the least accurate.

8 0
3 years ago
Read 2 more answers
The investment most affected by local conditions is:
Tems11 [23]

Savings accounts . . .
     interest rates are most determined by the state of
         the national economy.

Mutual funds . . .
Treasury bills . . .
     traded on nationwide exchanges; prices and returns
        are pretty uniform nationwide.

Real estate . . .
     rests directly on local conditions in each city, and sometimes even in
        different parts of the same city;
     affected by things like local unemployment, local bad weather,
        local price of gas, local tourism, local special events, etc.

4 0
3 years ago
Read 2 more answers
The amount of cash to be reported on the balance sheet at June 30 is the
drek231 [11]

Answer:

The answer is C.

Explanation:

It will not be proper to just choose the balance in the cash ledger or the one in the bank because the balance as per the cash ledger in the book might be different from the balance in the bank statement in the bank.

So to eliminate this differentiation, bank reconciliation needs to be done. After this reconciliation has been carefully done, the adjusted cash balance in the reconciliation will be used.

7 0
3 years ago
I am not good at math, please help all grades are due monday
Vlad [161]
I cannot see the questions can you please get closer
4 0
3 years ago
Other questions:
  • Eneral Products Inc. is a small clothing designer and manufacturer located in the United States. A vast majority of the company'
    9·1 answer
  • The Is financial statements detailing a firm assets liabilities and owners equality
    9·1 answer
  • Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha
    5·1 answer
  • Which form does RESPA require lenders to use to detail the costs that the buyer and seller will pay at closing?
    11·1 answer
  • Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt
    6·1 answer
  • G<br>asdadsadadasdads nsdasdnnnasdnnnasd. ads
    10·1 answer
  • What explains the shape of a demand curve?
    7·1 answer
  • The owner of a condominium hired a cleaning and junk removal service to clean his condominium after he moved. The parties agreed
    6·1 answer
  • Did yall know Kanye West was running for president?
    10·1 answer
  • Which action is related to short-term planning?​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!