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pishuonlain [190]
3 years ago
13

Cost Behavior Alisha Incorporated manufactures medical stents for use in heart bypass surgery. Based on past experience, Alisha

has found that its total maintenance costs can be represented by the following formula: Maintenance Cost = $1,750,000 + $125X, where X = Number of Heart Stents. Last year, Alisha produced 25,000 stents. Actual maintenance costs for the year were as expected. Required: 1. What is the total maintenance cost incurred by Alisha last year? Round your answer to nearest dollar. $ 2. What is the total fixed maintenance cost incurred by Alisha last year? Round your answer to nearest dollar. $ 3. What is the total variable maintenance cost incurred by Alisha last year? Round your answer to nearest dollar. $ 4. What is the maintenance cost per unit produced? Round your answer two decimal places. $ per unit 5. What is the fixed maintenance cost per unit? Round your answer two decimal places. $ per unit 6. What is the variable maintenance cost per unit? Round your answer two decimal places. $ per unit
Business
1 answer:
valina [46]3 years ago
7 0

Answer:

Alisha Incorporated

1. Total maintenance cost incurred by Alisha last year? Round your answer to nearest dollar:

= $4,875,000

2. Total fixed maintenance cost incurred by Alisha last year? Round your answer to nearest dollar:

= $1,750,000

3. Total variable maintenance cost incurred by Alisha last year? Round your answer to nearest dollar:

= $3,125,000

4. Maintenance cost per unit produced? Round your answer two decimal places. $ per unit

= $195

5. Fixed maintenance cost per unit? Round your answer two decimal places. $ per unit

= $70

6. Variable maintenance cost per unit? Round your answer two decimal places. $ per unit

= $125

Explanation:

a) Data and Calculations:

Total maintenance costs = $1,750,000 + $125X,

where X = Number of Heart Stents

Production = 25,000 stents last year.

Total maintenance costs = $1,750,000 + $125 * 25,000

= $1,750,000 + $3,125,000

= $4,875,000

Total maintenance cost per unit = $4,875,000/25,000 = $195

Fixed costs per unit = $70

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Answer:

It should replace the equipment

Explanation:

                                         continue replace Differential

Proceeds from sale             -              8,500            8,500

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3 0
3 years ago
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3 years ago
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The following does not describe the matching principle
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Answer: The correct answer is c. Expenses are reported on the income statement when cash is paid.

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Based on the above definition, <u>only option C does not align with the matching principle</u><u> </u>because expenses should be recorded in the income statement when incurred and NOT when cash is paid. If it is recorded when cash is paid, it means <em>cash basis of accounting</em> is being applied.

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The price elasticity of demand for beef is about 0.60. Other things equal, this means that a 20 percent increase in the price of
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Answer:

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Explanation:

Data provided in the question:

Price elasticity of demand for beef, Ed = 0.60

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