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Mandarinka [93]
3 years ago
6

To follow is information about the units produced and total manufacturing costs for Pine Enterprises for the past six months. Mo

nth Number of units produced Total manufacturing costs January 9000​ $8200​ February 7,500 $8,000 March 6,600 $7,550 April 6,800 $7,650 May 5000​ $6800​ June 7,000 $7,750Using the high-low method, what is the monthly fixed manufacturing cost
Business
1 answer:
sweet [91]3 years ago
4 0

Answer:

The monthly fixed manufacturing cost is $7500.

Explanation:

Variable cost per unit = change in total cost / change in no of units

                                    = 6900-5000/8000-4200  

                                    = 0.5 per unit

Fixed cost = Total manfacturing cost - variable cost at a 4200 level

                 = 5000 - (4200*0.5)

                 = 5000 - 2100

                 = $2900

If company produces 9200 units:  

Total manfacturing costs = fixed costs + 9200*variable cost per unit

                                          = 2900 + (9200*0.5)  

                                          = $7500

Therefore, The monthly fixed manufacturing cost is $7500.

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To attend a winter concert presented by the community chorus, every person had to donate one unwrapped toy at the concert hall d
Inga [223]

Answer:

correct option is C) price

Explanation:

solution

we know that marketing mix is refer to the all factor and strategy adopted by the company in an order to promoted its product

and price element of marketing mix is create  value for the product

so when contribution that reduce price of any product or a good

so it is closely related to price element of the marketing mix

so we can say that donations of un wrapped toy and  decrease price the concert present by the community chorus

so correct option is C) price

7 0
3 years ago
a personal account earmarked as a retirement supplement contains $292,200. suppose $250,000 is used to establish an annuity that
Hoochie [10]

Suppose $250,000 is used to establish an annuity that earns 6%, compounded quarterly, and pays $6000 at the end of each quarter. It will take about 120 quarters until the account balance reaches $0.

Amount invested (Present value) = $250000

Quarterly payment (At the end of each quarter) (P) = $4500

Interest Rate (Quarterly) (r) =  6% /4

= 1.5% = 0.015

A number of quarters (n) = ?

Future value at the end  = 0

Present value of Annuity formula:

Present value  = P × (1-(1+r))^{(-n)}  / r

250000 =  4500 × (1-((1+0.015))^{(-n)}  / 0.015

250000 =  300000 × (1-((1+0.015)}}^{(-n)}

250000 / 300000 = 1-(1+0.015)^{(-n)}

0.83333 = 1-(1.015)^{(-n)

n = 120

Hence is shall take 120 Quarters until the account balance is $0.

To learn more about account balance

brainly.com/question/28699225

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3 0
1 year ago
Is your place of work a business or a non profit organization ?
bixtya [17]

Answer:

my place of work is a business

3 0
3 years ago
Which of the following statements is CORRECT?
Oduvanchick [21]

Answer:

d. The statement of cash flows shows how much the firm's cash, the total of currency, bank deposits, and short-term liquid securities (or cash equivalents), increased or decreased during a given year.

Explanation:

In a statement of cash flows , what we have shown is a summary of cash and also all equivalents if cash that goes into and also goes out if a firm or company. It provides to what extent that cash is being managed by a firm. Therefore option D is the answer to this question since it talks about how cash increases or decreases in a firm in a particular year

5 0
3 years ago
An increase price caused no change in quantity demanded. Thus, demand must be
NNADVOKAT [17]

Answer:

Perfectly inelastic

Explanation:

A demand is perfectly inelastic when quantity demanded does not change in response to a change in price.

8 0
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