Answer:
b. $0.40 per unit and $8,000
Explanation:
High low method separates the fixed cost and variable cost using net of Highest activity level and Lowest activity level and net of their relevant costs.
According to High low method
Variable cost per unit = ( Highest activity cost - Lowest activity cost ) / ( Highest Activity - Lowest activity )
Variable cost per unit = ( $120,000 - $74,000 ) / ( 280,000 - 165,000 )
Variable cost per unit = $46,000 / 115,000
Variable cost per unit = $0.4
Fixed operating cost = Total cost - Total Variable cost = $120,000 - ( 280,000 x $0.4 ) = $8,000
Answer:
<u>(B) </u>the ratio of sales revenue of the firm to the total sales revenue of all firms in the industry, including the firm itself.
Explanation:
market share refers to :
(B) the ratio of sales revenue of the firm to the total sales revenue of all firms in the industry, including the firm itself.
Answer: Two things are being exemplified here;
1.) Pay structure
2.) Job structure
Explanation: A pay structure in an organisation defines what an employee will earn based on some factors such as; efficiency; length of time; value; position. (the difference in pay between an entry-level recruiter and an entry-level assembler)
While a job structure defines the different levels employees in an organisation are in and who they report to. (as well as the difference between an entry-level recruiter, the HR manager, and the organization's Vice President)
Answer:
Depreciation (debit) $1,230
Accumulated Depreciation - Riding Mower (credit) $1,230
Explanation:
Straight Line Method of Depreciation, charges the same amount of depreciation over the useful life of the asset.
Depreciation Charge = (Cost - Residual Value)/ Useful Life
<em><u>2017</u></em>
Depreciation Charge = ($15,200 - $2,900)/ 10-years
= $1,230
<em>Recognize the depreciation expense to Profit and Loss and Accumulate the Depreciation Charge in Financial Statement through Accumulate Depreciation Account.</em>
Depreciation (debit) $1,230
Accumulated Depreciation - Riding Mower (credit) $1,230
