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2 years ago

What is the variable cost of sterilizing an instrument using the new equipment

Business

1 answer:

yanalaym [24]2 years ago

5 0

Answer:

Results are below.

Explanation:

Giving the following information:

Month Number of instruments used Total autoclave cost

January 634 $7,466

February 534 6,526

March 734 7,148

April 934 9,028

May 834 7,744

June 1,034 8,596

July 1,234 10,009

August 1,134 9,924

<u>To determine the fixed and variable cost, we need to use the high-low method:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (10,009 - 6,526) / (1,234 - 534 )

Variable cost per unit= $4.9757 per unit

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 10,009 - (4.9757*1,234)

Fixed costs= $3,869

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 6,526 - (4.9757*534)

Fixed costs= $3,869

Total cost= 3,869 + 4.9757x

x= number of instruments

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sammy [17]

Answer:

Cash account in the amount of $10,100

Explanation:

The journal entry to be recorded for the receipt of payment is as:

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Being recoded the receipt of payment

As payment is received so asset is increasing and any increase in asset is debited. Therefore, cash account is debited. And the note receivable got decrease will be credited and the interest revenue is also credited.

Computation of interest revenue is as:

Interest revenue = Amount × % of note × Days / Number of days in a year

= $10,000 × 6% × 60 / 360

= $100

Note: Assume 360 days in a year

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3 years ago

A provision stating that the insurer cannot dispute the validity of a policy after a specific period is called a(n) ______.

Mazyrski [523]

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What is incontestability clause?

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1 year ago

Many demographers predict that the United States will have zero populationgrowth in the twenty-first century, in contrast to ave

Fed [463]

Answer:

Check the explanation

Explanation:

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2 years ago

Comparing perfect first degree price discrimination to perfect competition one can conclude that: (i) Total social surplus is th

marta [7]

Answer:

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Explanation:

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2 years ago

The markdown could be a dollar amount or a

BabaBlast [244]

Answer:

Percentage of the selling price

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2 years ago