Answer:
The variable and fixed cost elements of the annual cost of the truck operation is 0.073 and $9,720 respectively.
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High operating cost - low operating cost) ÷ (High kilometers driven - low kilometers driven)
= (135,000 km × 14.5% - 90,000 km × 18.1 %) ÷ (135,000 km - 90,000 km)
= ($19,575 - $16,290) ÷ 45,000 km
= $3,285 ÷ 45,000 km
= 0.073
Now the fixed cost equal to
= High operating cost - (High service hours × Variable cost per hour)
= $19,575 - (135,000 km × 0.073)
= $19,575 - $9,855
= $9,720
Evidence is usually more persuasive for balance sheet accounts when it is obtained as close to the balance sheet date as possible.
<h3>
What is a balance sheet?</h3>
An organization's assets, liabilities, and shareholder equity are displayed on a balance sheet, which is a financial statement. Balance sheets serve as the basis for determining investor return rates and evaluating a company's financial structure.
The balance sheet is a financial statement that provides a brief summary of a company's assets, liabilities, and shareholder investment. Balance sheets can be used in conjunction with other important financial data when doing basic analysis or generating financial ratios.
An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. The assets on the balance sheet are equal to the total of the liabilities plus the shareholders' equity. Financial ratios are computed using balance sheets by fundamental analysts.
To learn more about balance sheet, visit:
brainly.com/question/26323001
#SPJ4
The reinforcement illustrates the importance of REPETITION in the conditioning process. Conditioning is a behavioral process that is achieved when a response occurs more frequently because of some kind of reinforcement. Reinforcement can be positive or negative. In the case of the pigeon, its actions where brought about by positive reinforcement.
Answer:
EPS will be higher than $2.38
Explanation:
The Earnings per share is the value available to stockholders of the company after the deduction of all the expense and taxes. Restructuring expense are one time expense and they are reported as other operating expenses in the Income Statement. The inclusion of restructuring and other one-time charges in the Income Statement results in lower Earnings before Tax and ultimately reduced net profit. If these cost are excluded the Earning will rise which will give rise to EPS of the company.