5. Destiny is asked if she wants to open a Macy's credit card on the spot when she is checking out.

After graduating from dental school two years ago, Dr. Lauren Farish purchased the dental practice of a long-time dentist who wa

sukhopar [10]

Answer:

Total cost formula= 3,510 + 4.911*x

x= Number of instruments

Explanation:

<u>To calculate the variable and fixed costs, we will 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= (10,012 - 6,574) / (1,324 - 624)

Variable cost per unit= $4.911

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

Fixed costs= 10,012 - (4.911*1,324)

Fixed costs= $3,510

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

Fixed costs= 6,574 - (4.911*624)

Fixed costs= $3,510

Total cost formula= 3,510 + 4.911*x

x= Number of instruments

For 1,192 instruments:

Total cos= 3,510 + 4.911*1,192

Total cost= $9,363.9

4 0

3 years ago

Q 5.36: Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entri

disa [49]

Answer: periodic inventory system

Explanation:

The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.

In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.

5 0

3 years ago

________________ focuses on explaining the differences between planned and actual contribution margins. a.Contribution margin an

Usimov [2.4K]

Answer: A.) Contribution Margin analysis

Explanation: The contribution margin analysis could be explained as an analytical tool in accounting which helps managers in observing variation or differences in the budgeted and actual contribution margin of a product. The contribution margin is used to determine the revenue made on a product after deducting the fixed cost incurred in it's production. It is also used to evaluate the performance of individual product derived from the amount of residual profit after deducting necessary production cost.

5 0

3 years ago

Preston Inc.'s stock has a 25% chance of producing a 30% return, a 50% chance of producing a 12% return, and a 25% chance of pro

tino4ka555 [31]

Answer:

Expected return = 9%

Explanation:

<em>A portfolio is a collection of assets/ investment. The expected return on the stock would be the weighted average of all the return of the possible return weighted according to their probability.</em>

Expected return on portfolio:

E(R) =( Wa*Ra) + (Wb*Rb) + (Wc*Rc)

R- possible return,W- probability

E(R) = (30%× 0.25) + (12%× 0.5) + (-18%× 0.25) = 9 %

Expected return = 9%

Note that the negative sign in the last possible return implies a loss.

4 0

4 years ago

given that chicken and beef are substitute goods, if the price of chicken decreases, there would be: a an increase in the quanti

Alex_Xolod [135]

Given that chicken and beef are substitute goods, if the price of chicken decreases, there would be a decrease in the demand for beef.

The correct option is C.

Demand is the amount of a good that consumers are willing and able to buy at different prices during a specific period of time. The demand curve is the relationship between price and quantity demand.

Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, convenience, alternatives offered, buyer preferences, and disposable money.

To know more about demand, click here:-

brainly.com/question/10489478

#SPJ4

8 0

1 year ago