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frosja888 [35]
3 years ago
12

At the high level of activity in November, 12000 machine hours were run and power costs were $22000. In April, a month of low ac

tivity, 5000 machine hours were run and power costs amounted to $15000. Using the high-low method, the estimated fixed cost element of power costs is
Business
1 answer:
NISA [10]3 years ago
4 0

Answer:

The estimated fixed cost element of power costs is $10,000

Explanation:

For computing the fixed cost first we have to calculate the variable cost per unit which is shown below:

= (High power cost -  low power cost) ÷ (High machine hours - low machine hours)

= ($22,000 - $15,000) ÷ (12,000 - 5,000)

= $7,000 ÷ 7,000

= $1

Now the fixed cost would be

= (High power cost) - (high machine hours × variable cost per unit)

= $22,000 - 12,000 × $1

= $22,000 - $12,000

= $10,000

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Plezion Movie Palace, a film theater in Germany, gives all its customers miniatures of the main character of the latest superher
nadezda [96]

Answer:

B. Augmented products.

Explanation:

An augmented product has been improved by its seller with added features or services to recognize it from a similar product offered by its rivals. Augmenting a product includes adding intangible benefits or additional items that go past the product itself.

The actual product is the core product, whereas given by the Plezion Movie Palace to its customers is the augmented product.

6 0
3 years ago
The term "content adjacency" refers to __________.
ioda

Answer:

The correct answer is the third option: a concern that an advertisement will run near offensive material, embarrassing an advertiser and/or degrading their products or brands.

Explanation:

To begin with, the concept of <em>''content adjancency''</em> is known as the problem that many companies nowadays faces due to the new social networks that keep growing evey year. It consists in the situation where an advertiser or firm's concern is with the fact that if the advertisement will run near offensive material such that the company's name will suffer disadvantages due to the fact that their advertisement will be in those places and people might tend to relate them.

4 0
3 years ago
At the equilibrium price, Multiple Choice there are forces that cause price to rise. quantity supplied may exceed quantity deman
Vilka [71]

Answer:

There are no pressures on price to either rise or fall.

Explanation:

Equilibrium price refers to the market price at which the amount of quantity supplied is exactly equal to the amount of quantity demanded. At this point, the market supply curve and the market demand curve intersect each other.

This price would be determined by the  market forces such as demand and supply of the goods.

8 0
2 years ago
EcoMart establishes a $1,050 petty cash fund on May 2. On May 30, the fund shows $312 in cash along with receipts for the follow
fredd [130]

EcoMart establishes General Journal

May 2

Dr Petty cash 1050

Cr Cash 1050

May 30

Dr Merchandise inventory 120

Dr Postage expense 359

Dr Miscellaneous expenses 240

Dr Cash short and over 9

Cr Cash728

June 1

Dr Petty cash 150

Cr Cash 150

Workings:

May 30,Merchandise inventory 120+ Postage expense 359+ Miscellaneous expenses 240+ Cash short and over 9 = $728

June 1

1050-1200= 150

7 0
3 years ago
TRANSACTIONSGave a cash refund of $750 to a customer because of a lost package.Sent a check for $1,050 to the utility company to
victus00 [196]

Answer:

Journal entries

Service Revenue                               Debit         $ 750

Cash                                                   Credit                          $ 750

To record refund to customer for lost package

Utility Expenses                                 Debit          $ 1,050

Cash                                                    Credit                          $ 1,050

To record payment of utility company bill in cash

Accounts Receivable                         Debit         $ 7,800

Service Revenue                                Credit                          $ 7,800

To record receivables for services provided on credit

Equipment                                          Debit          $ 4,600

Cash                                                    Credit                            $ 4,600

To record purchase of equipment for cash

Accounts payable                               Debit          $ 3.500

Cash                                                     Credit                          $ 3,500

To record payment to creditors

Cash                                                     Debit         $ 15,250    

Service revenue                                  Credit                          $ 15,250

To record services provided on cash

Cash                                                      Debit        $ 6,250

Accounts receivables                           Credit                         $ 6,250

To record collections from customers

Cash                                                      Debit        $ 25,000

Capita account Owner                        Credit                           $ 25,000

To record capital contribution from owner

Supplies                                                Debit        $  3,250    

Accounts payable                                 Credit                          $ 3,250

To record purchase of supplies on credit

Rent expense                                        Debit      $ 3,750

Cash                                                       Credit                          $ 3,750

To record payment of monthly rent

Explanation:

8 0
3 years ago
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