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Serggg [28]
3 years ago
15

Marigold Corp.’s high and low level of activity last year was 57000 units of product produced in May and 11000 units produced in

November. Machine maintenance costs were $175600 in May and $46800 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 40000 units.a. $67,500 b. $72,000 c. $58,500 d. $60,000
Business
1 answer:
coldgirl [10]3 years ago
4 0

Answer:

The answer is: expected maintenance cost $112,000

Explanation:

The high-low costing method uses the following formula:

maintenance cost per unit = (highest activity cost - lowest activity cost) / (highest activity units - lowest activity units)

  • maintenance cost per unit = ($175,600 - $46,800) / (57,000 units - 11,000 units)
  • maintenance cost per unit = $128,800 / 46,000 units = $2.80 per unit

If the company is planning to produce 40,000 units, their total expected maintenance cost should be = 40,000 units x $2.80 per unit = $112,000

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The Internet raises the bargaining power of customers by: A. reating new opportunities for building loyal customer bases. B. mak
Stels [109]

Answer:

C. making information available to everyone.

Explanation:

The Internet raises the bargaining power of customers by making information available to everyone. The reason for this is that the bargaining power is the degree of influence customers have to force businesses to provide better products and lower price and the internet allows everyone to have access to  lot of information which helps customers to learn about features, prices, differences in products and substitutes and this helps the customers to be educated and be sensitive about the price of the products increasing the bargaining power they have.

8 0
3 years ago
What is the most important reason for doing vehicle inspection
AURORKA [14]
So you know if the vehicle is drivable or not and also so you know what you are getting into when you inspect the car or truck

5 0
4 years ago
Seth's Computer Repair has maintained a competitive advantage based on its thorough and professional service, reasonable pricing
Whitepunk [10]

Answer:

The correct answer is letter "B": core rigidity.

Explanation:

A competitive advantage is an advantage that a company has over its competitors. It could be a <em>comparative advantage</em> if the company had a lower opportunity cost in its production process or a <em>differential advantage</em> if the product produced by the company has a unique feature.

<em>The big failure of Seth's Computer Repair depends on not listening to its internal consumers: their workers. Employers may provide useful input to businesses that could influence the direction of the operations. For that reason, Seth's lost part of its customers when a new competitor entered the market because they kept implementing the same </em><u><em>rigid</em></u><em>, outdated approach that had worked before.</em>

3 0
3 years ago
Bellue Inc. manufactures a single product. Variable costing net operating income was $115,600 last year and its inventory decrea
Delicious77 [7]

Answer:

absorption costing net operating income = $106400

Explanation:

Manufacturing overhead in inventory =  Fixed manufacturing overhead in ending inventory - Fixed manufacturing overhead in beginning inventory

Since the fixed overhead cost was $4 for both unit in beginning and in ending inventory

 $4 per unit × (−2,300) = −$9200

Variable costing net operating income =  $115600

subtract fixed manufacturing overhead costs released from inventory

(9200 )  from Variable costing net operating income

Absorption costing net operating income =  Variable costing net operating income -  fixed manufacturing overhead costs released from inventory

Absorption costing net operating income  = 115600 - 9200 =  $106400

5 0
3 years ago
On March 1, Song Corp. receives a $100,000, 90-day, noninterest-bearing note receivable from a customer. The note has a 12% disc
harkovskaia [24]

Answer:

Debit : Note Receivable $100,000 and Credit : Cash $100,000.

Explanation:

On March 1 Song Corp would measure the Note Receivable at cost as follows :

Note Receivable $100,000 (debit)

Cash $100,000 (credit)

5 0
3 years ago
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