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Sphinxa [80]
3 years ago
15

Maintenance expenses of a company are to be analyzed for purposes of constructing a flexible budget. Examination of past records

disclosed the following costs and volume measures: Highest Lowest Cost per month $ 42,000 $ 34,000 Machine hours 46,000 30,000 Using the high-low method, the estimated variable cost per machine hour is:
Business
1 answer:
Ronch [10]3 years ago
7 0

Answer:

Variable cost per machine hour= $0.5

Explanation:

Giving the following information:

Highest Lowest

Cost per month $ 42,000 $ 34,000

Machine hours 46,000 30,000

<u>To calculate the unitary variable cost per machine hour, we need to use the following formula:</u>

<u></u>

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

Variable cost per unit= (42,000 - 34,000) / (46,000 - 30,000)

Variable cost per unit= $0.5

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Faye files a suit in a state court against Gas Station Stop, claiming employment discrimination. Gas Station loses the suit and
densk [106]

Answer:

a.

Explanation:

Based on the information it can be said that in this scenario either party can appeal the decision to the United States Supreme Court if a federal question is involved. This means that there is an issue within the case that involves the constitution or other federal laws. These types of issues are cause for being able to take the case to the Supreme court.

7 0
3 years ago
In a unionized firm, the _____ clause of the collective bargaining agreement typically retains for management the authority to i
solmaris [256]
The answer is:  "management rights" .
_________________________________________________________
          "In a unionized firm, the <u>  management rights  </u> clause of <span>the collective bargaining agreement typically retains for management the authority to impose reasonable rules for workplace conduct and to discipline employees for just cause."
_________________________________________________________</span>
5 0
3 years ago
Explain why the demand for a particular brand of apple juice is elastic.
aniked [119]
Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.
6 0
3 years ago
Brynn's Bakery runs an advertisement touting the importance of diet and exercise. It also mentions how Brynn's is a valuable mem
Burka [1]

Answer:

institutional

Explanation:

Institutional advertising refers to advertising that shows the benefits and ideals or an organization. It does not focus on any particular product or service, instead its main goal is to build a positive image of the organization within the community. Many times institutional advertising is done when the organization has suffered from a serious of events that have damaged its reputation and it needs to improve it.

8 0
3 years ago
North Company has completed all of its operating budgets. The sales budget for the year shows 50,820 units and total sales of $2
Grace [21]

Answer:

We are given all the details of the activity and the results of those activities, like the cost and revenue.

The multi step income statement shall be as follows:

Income:

Revenue from Sales                             = $2,391,000

Other Income                                         =   $0

Total Revenue                                       = $2,391,000

Expenses:

Cost of goods sold                                = $1,168,860

$23 \times 50,820

Selling and Administrative                   = $303,100

Interest Expense                                    = $13,060

Total Expenses                                     = $1,485,020

Net Income before Taxes                    = $905,980

Less: Taxes on income                         = $220,400

Income from Continuing Operations = $685,580

7 0
3 years ago
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