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Genrish500 [490]
3 years ago
15

Apartments is a ​-unit apartment complex. When the apartments are​ 90% occupied, monthly operating costs total $220,040. Whe

n occupancy dips to​ 80%, monthly operating costs fall to $215,480. The owner of the apartment complex is worried because many of the apartment residents work at a nearby manufacturing plant that has just announced it will close in three months. The apartment owner fears that occupancy of her apartments will drop to 55​% if residents lose their jobs and move away. Assuming the same relevant​ range, what can the owner expect her operating costs to be if occupancy falls to ​55%?
Business
1 answer:
AnnyKZ [126]3 years ago
3 0

Answer:

Missing word <em>"Use the​ high-low method to determine operating cost equation y=$_____, x + $ = ____" </em>

<em />

Cost on (800*90%)=720 units is 220,040

Cost on (800*80%) = 640 Units is 215,480

Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit

Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000

<u>Cost equation: </u>

Total cost = Fixed cost + Variable cost per unit

Y = 179000 + 57X

Y = 179000 + (57*440)

Y = $204,080

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For taking out the net cash flow in investing activities, purchase activities are added and sale activities are subtracted and from the given information in the question , it is clear that both are purchasing activities, therefore

NET CASH FLOW FROM INVESTING = $25,000 + $40,000

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5 0
3 years ago
Michelle operates a food truck. Indicate the amount (if any) that she can deduct as an ordinary and necessary business deduction
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Answer:

A. Deductible Amount = $125

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6 0
3 years ago
The rapid economic growth of the 1980s and the cultural emphasis on accumulating wealth was partly caused by:________
kozerog [31]

The rapid economic growth and emphasis on accumulating wealth in the 1980s was partly caused by the baby boom.

<h3>What baby boomers mean?</h3>

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Following the end of World War II, the number of babies born 9 months later increased. At the end of 1964, there were approximately 76 million babies born, accounting for roughly half of the population.

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4 0
2 years ago
A country redesigned its tax policy so that the tax rate was reduced for individuals earning larger amounts of money. For exampl
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Answer: B. regressive taxation

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6 0
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Answer:

$10,000

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The maximum he can claim is $10,000

6 0
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