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
Anuta_ua [19.1K]
3 years ago
6

The manager at Screaming Trees has been trying to calculate the portion of the company's overhead expenses that is fixed and the

portion that is variable. Over the past twelve months, the number of yards of mulch processed was highest in July, when the total monthly overhead costs totaled $31,000 for 35,000 yards of mulch processed. The lowest number of yards of mulch processed in the last twelve months occurred in October, when total overhead costs were $26,000 for 26,000 yards of mulch processed. What was the variable cost per yard? OA. $1.80 O B. S056 O C. $1.00 D. $0.89
Business
1 answer:
Leno4ka [110]3 years ago
6 0

Answer:

B. $0.56

Explanation:

In this question, we use the high low method for calculation of variable cost per yard

The computation of the variable cost per yard is shown below:

= (High overhead costs - low overhead costs) ÷ (High yards processed - low yards processed)

= ($31,000 - $26,000) ÷ (35,000- 26,000)

= $5,000 ÷ 9,000

= $0.56 per unit

You might be interested in
An index model regression applied to past monthly returns in Ford’s stock price produces the following estimates, which are beli
Lady_Fox [76]

Answer:

Abnormal change in Ford's stock = -1.80%

Explanation:

Abnormal change in return Ford's stock change =Increase in Ford's Stock change -Beta*Change in Ford's Stock Price

=7% -1.1*8% =-1.80%

6 0
3 years ago
What total unrealized holding gain would beresford report in its 2021 income statement relative to its investments in bonds?
Airida [17]

Total unrealized holding gain would Beresford report in its 2021 income statement relative to its investments in bonds is $36,600.

Unrealized holding gains are increases in the value of assets that a company or individual continues to hold.

This gain has not yet been reported on the entity's income statement as a realized gain.

The gain is considered realized once the asset is sold.

Assets are frequently held even after a gain in value has occurred, either because the owner expects another gain or because the owner does not want to pay taxes on the gain.

Therefore, total unrealized holding gain is the difference between the fair value of trading securities on 12/31/2021 and at 12/31/2020.

For the figures used refer to the attached image.

total unrealized holding gain = (76000 - 65000) + (98100 - 67000) + (58500 - 64000)

                                            = 11000 + 31100 - 5500

                                            = $36,600

Hence, the correct answer is $36,600.

Learn more about holding gain:

brainly.com/question/16629295

#SPJ4

8 0
1 year ago
What problem makes public goods necessary?
NARA [144]
There are several problems that make public goods necessary, but the primary one is that without access to certain public goods and services like parks and schools, poor people would have practically no chance at advancement. 
3 0
3 years ago
O
tino4ka555 [31]
What is the question? Lol
7 0
3 years ago
What is the future value of $1800 invested today at 18% interest in 30 years with interest compounded quarterly?
Lynna [10]

Answer:

Future value of amount will be $354182.711

So option (C) will be the correct option

Explanation:

We have given present value P=$1800

Rate of interest r = 18 %

Time t = 30 years

As interest is paid quarterly so

Rate of interest r=\frac{18}{4}=4.5%

And time period = 30×4 = 120

Future value is given by A=P(1+\frac{r}{100})^n=1800\times (1+\frac{4.5}{100})^{120}=1800\times 196.768=$354182.711

So future value of amount will be $354182.711

So option (C) will be the correct option

5 0
3 years ago
Other questions:
  • The goal of ________, a type of business intelligence analysis, is to create information about past performance. science forums
    14·1 answer
  • (a) Suppose the U.S. national debt is about $15 trillion. If payments were made at the rate of $2,500 per second, how many years
    8·1 answer
  • Demand for a given good is elastic, which means that the percentage change in __________ is greater than the percentage change i
    8·1 answer
  • An investment adviser structured as a partnership lends money to a customer to buy recommended securities. Under NASAA's Model R
    6·1 answer
  • Suppose United and American both service the New York-Boston route. If they both charge $100 each way, they each get monthly pro
    15·1 answer
  • Estée lauder would not choose to sell to cvs or dollar general because ________.
    13·1 answer
  • McDonald's major distribution partner, The Martin-Brower Company, needs at least $1 million to build a new warehouse in Medicine
    5·1 answer
  • Department M had 2,200 units 54% completed in process at the beginning of June, 11,100 units completed during June, and 1,300 un
    9·1 answer
  • AYEEEE YALL WANNA JOIN ME IN A KAHOOT AT 12:20 - 1:00?
    5·2 answers
  • If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a h
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!