1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sladkih [1.3K]
3 years ago
5

The following information is available for a company's utility cost the estimated variable cost per machine hour is:_____.

Business
1 answer:
Alenkasestr [34]3 years ago
8 0

Answer:

Variable cost per unit= $2.53

Explanation:

<u>Giving the following information:</u>

Month Machine hours Utility cost

January 950 $5,500

February 1,850 $7,000

March 2,500 $8,100

April 650 $3,420

<u>To calculate the unitary cost per machine hour, 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= (8,100 - 3,420) / (2,500 - 650)

Variable cost per unit= $2.53

You might be interested in
helen owns 12.6% of the stock of the Median Corporation. If median makes a dividend payment of $30,000,000 paid proportionally t
eimsori [14]

Answer:

$3,780,000

Explanation:

Data provided in the question

Owning percentage = 12.6%

Dividend payment = $30,000,000

By considering the above information, the amount that helen received is

= Dividend payment × Owning percentage

= $30,000,000 × 12.6%

= $3,780,000

By multiplying the dividend payment with the owning percentage, the total dividend received can come

6 0
3 years ago
The beginning inventory of SoCal Wholesalers was $121,000, and the ending inventory is $116,500. What entries are needed at the
Sphinxa [80]

Answer and Explanation:

The journal entries that are required to adjust merchandise inventory is given below:

Income Summary  $121,000

        To Inventory $121,000

 (Being eliminate Beginning inventory balance is recorded)

Inventory $116,500

      To Income Summary $116,500

(Being the cost of ending inventory is recorded)  

These two entries should be recorded for adjusting merchandise inventory

5 0
3 years ago
If planned investment plus unplanned investment (unplanned inventory changes) are __________ savings, then economic activity wil
Marta_Voda [28]

Answer:

the correct answer is greater than

Explanation:

If planned investment plus unplanned investment (unplanned inventory changes) are greater than savings, then economic activity will increase.

6 0
4 years ago
Consider the following per unit data for Jennifer Company, a seller of tables and chairs: What is the weighted-average unit cont
lisabon 2012 [21]

Answer:

$28 per unit

Explanation:

since the information is missing, I looked for similar questions:

contribution margin per chair = $50 - $35 = $15

contribution margin per table = $200 - $120 = $80

sales mix: 4 chairs + 1 table

contribution margin per sales mix = (4 x $15) + $80 = $140

weighted average contribution margin = $140 / 5 = $28

5 0
3 years ago
If the container store owners/managers were to walk around and personally thank each employee for doing a good job, then this wo
Lelechka [254]
I<span>f the container store owners/managers were to walk around and personally thank each employee for doing a good job, then this would be a motivating factor. This action exhibits a good environment as well for employees to foster as they're performances are acknowledged by their employers. if this goes on, this will inspire many employees to alleviate their status.</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Someone please help me!? :(
    14·1 answer
  • Pablo, who speaks spanish, is in a second-language education class where he interacts with english-speaking and spanish-speaking
    11·1 answer
  • The petty cash fund had an initial imprest balance of $210. It currently has $17 in cash, $4 in miscellaneous cash receipts, and
    6·1 answer
  • Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows:
    14·1 answer
  • The above diagram illustrates the short run cost curves for Sarah Mat, a rice farmer in Queensland. Calculate the profit or loss
    10·1 answer
  • What are the main disadvantages of a partnership?
    7·1 answer
  • You have $1,000 to invest over an investment horizon of three years. The bond market offers various options. You can buy (i) a s
    8·1 answer
  • What is the basic unit of study in microeconomics? A) employment and unemployment figures B) government taxes and spending C) to
    5·1 answer
  • The total dollar value of bison killed from Huntington Forest is , where is the number of bison killed. The marginal cost of kil
    7·1 answer
  • Basel lll mainly focuses on _.​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!