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Serggg [28]
3 years ago
5

Manley Co. manufactures office furniture. During the most productive month of the year, 5,000 desks were manufactured at a total

cost of $87,000. In its slowest month, the company made 2,000 desks at a cost of $49,500. Using the high-low method of cost estimation, total fixed costs are:
Business
1 answer:
grandymaker [24]3 years ago
4 0

Answer:

$24,500

Explanation:

For computing the total fixed cost first we have to determine the total fixed cost which is shown below:

Variable cost per desk = (Total high cost - total low cost) ÷ (High number of desk manufactured - low number of desk manufactured)

= ($87,000 - $49,500) ÷ (5,000 desks - 2,000 desks)

= $37,500 ÷ 3,000 desk

= $12.5

Now the fixed cost equal to

= Total high cost - (High number of desk  × Variable cost per hour)

= $87,000 - (5,000 desks × $12.5)

= $87,000 - $62,500

= $24,500

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embrace transparency and conduct all negotiations as openly as possible.

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Jordan's company is expanding to become a global company, so he needs to consider different cultures and government regulations.

To succeed he will need to be open about processes in the organisation as there will be different interpretations from different culture types when communication is not clear.

Also he needs to be transparent to build trust in his globally distributed team.

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3 years ago
Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution)
LenKa [72]

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answer : Of all the products listed, the product with the highest survey score in the month of December is the most competitive at the end of last year.

Explanation:

The product that was the most competitive at the end of last year is the product with the highest survey score for the month of December. this is because the more competitive a survey score of a product is, it signifies that  more customers are interested in the product and that will make the product very competitive in the open market

7 0
3 years ago
If a perfectly competitive firm with constant returns to scale was reorganized as a​ monopoly, its monopoly price would be​ ____
ikadub [295]

Answer:

The correct answers are: greater​ than; less than.

Explanation:

In the perfect competition model, the nature of the scale returns poses serious problems, whatever the case considered. Sise assumes that the returns of scale are increasing, the supply of companies is infinite; if they are constant, the offer is null, infinite or indeterminate (equilibrium case); if they are decreasing, the profit of the companies is strictly positive in the balance '. In the latter case, if they could do so, companies would be interested in dividing themselves, without any limit, into entities as small as possible.

5 0
3 years ago
The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part
wolverine [178]

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>
  • It is a form of deception or an unlawful gain.
  • It is an intentional form of deception that can have various criminal consequences.
  • There are various kinds of frauds like bank fraud, insurance fraud etc..
  • It is committed with the intention of gaining an unauthorized benefit.
  • it can occur in various domains like finance, real estate, insurance etc.
  • Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

#SPJ4

5 0
1 year ago
Assume that you own an annuity that will pay you $15,000 per year for 12 years, with the first payment being made today. You nee
sleet_krkn [62]

Answer: 2.72%

Explanation:

An annuity is a series of payments that is made at equal intervals. Examples are monthly home mortgage payments, regular deposits to a savings account, pension payments.

Number of payment period (NPER) = 12 years

Payment per period (PMT) = $15000

Amount needed, PV = $156000

The formula for an annuity is calculated as:

P = PMT x ((1 – (1 / (1 + r) ^ -n)) / r)

= Rate(12,15000,-156000,1)

Rate = 2.72%

7 0
2 years ago
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