Answer:
<h3>Flower Direct</h3>
1. Operating cost equation = $0.26x + $1,150
2. Prediction of operating costs at a volume of 16,000 is:
= $5,310
Explanation:
a) Data and Calculations:
Month Kilometres Driven Van Operating Costs
January 16,000 $5,490
February 17,500 5,700
March 14,900 4,910
April 16,200 5,340
May 16,900 5,820
June 15,100 5,410
July 14,500 4,920
High-Low Method:
February 17,500 5,700
July 14,500 4,920
Difference 3,000 780
Variable cost per unit = $780/3,000 = $0.26
Total variable cost at February figures = $4,550 (17,500 * $0.26)
Total fixed costs at February figures = $1,150 ($5,700 - $4,550)
Operating cost equation = $0.26x + $1,150
Operating cost at a volume of 16,000 = $1,150 + $0.26 * 16,000
= $1,150 + 4,160
= $5,310
Answer:
True
Explanation:
The pressure that are competitive are considered to be intensified via the competitors efforts in order to diversify the product lines and the other things at the wider area that wore the performance based yoga and the apparel related to the fitness
So as per the given statement, the statement is true
hence, the option a is correct
Answer:
c. capital goods and durable consumer goods.
Explanation:
Usually when we say business cycle fluctuations, we mean situations such as economic booms and then economic recession periods.
During Economic Booms capital goods and durable consumer goods which are usually expensive to purchase gets increase in demand as the consumers are buoyant economically to get such. For instance, buying houses, vehicles and expensive jewelry increases in demand during economic booms
During Economic Recessions the purchasing power of citizens reduce in the economy, hence, the ability to splurge on capital goods and durable consumer goods reduce.
For others such as clothing and education, military goods and capital goods and services and non-durable consumer goods, they are usually in demand goods and some what necessities that are fairly unaffected by economic booms and recessions.
