1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DiKsa [7]
3 years ago
7

The manufacturing costs of Ackerman Industries for the first three months of the year follow:

Business
1 answer:
bija089 [108]3 years ago
4 0

Answer:

a. $50

b. $500,000

Explanation:

The computation of the fixed cost and the variable cost per unit by using high low method is shown below:

a. Variable cost per unit = (High total cost - low total cost) ÷ (High number of units produced - low number of units produced)

= ($2,400,000 - $1,900,000) ÷ (30,000 units - 20,000 units )

= $500,000 ÷ 10,000 units

= $50

b. Now the fixed cost equal to

= High total cost - (High number of units produced × Variable cost per unit)

= $2,400,000 - (30,000 units × $50)

= $2,400,000 - $1,500,000

= $900,000

You might be interested in
A type of partnership called a ___________ acts much like a corporation and is traded on stock exchanges, but it is taxed like a
Gekata [30.6K]
The answer is:  <u>  master limited partnership ; or, "MLP" </u><u /> .
___________________________________________________________
4 0
4 years ago
Long-term investments include:_____.A. Investments in marketable bonds that are intended to be converted into cash in the short-
Law Incorporation [45]

Answer:

B. Investments that are not readily convertible to cash or not intended to be converted to cash in the short term

Explanation:

Long term investments are assets that a firm intends to hold onto for a period exceeding one year. They include projects, and investment vehicles are expected to generate revenue for several financial periods. Long term investments are characterized by a higher degree of risk in pursuit of greater rewards.

Examples of long term investments include bonds, stocks, plants and machinery, and real estate. Long term investments such as real estate and machinery are not easily disposed. Some are never disposed.

5 0
3 years ago
Crash time is defined as
chubhunter [2.5K]
<span>a. the shortest possible time to complete an activity. Crash Time is the shortest possible time it takes to complete a job or activity by expediting everything associated with the job or activity. It's a good example of the time/money trade off in that you can frequently decrease the time something takes by spending more money. So let's look at the choices and see why they're right or wrong. a. The shortest possible time to complete an activity. * This pretty much is the same as the definition, so it's the correct choice. b. The time necessary to complete an activity under abnormal conditions. * This answer raises the question "What's an abnormal condition?" Does everything go right and things go faster? Does everything go wrong and it's gonna take a long time? In my experience both extremes are "abnormal". So this is a wrong choice. c. The difference between earliest start time and earliest finish time. * This answer is lacking the idea of a job or task. Earliest start time of what? So it's a wrong choice. d. The activity time associated with any management intervention. * So a phone call from management would be crash time? The boss walking past to see how things are doing? This is a very open ended and ambiguous answer. So it's wrong.</span>
6 0
3 years ago
Problem 3.10 Net Present Value. Assume that your firm wants to choose between two project options: Project A: $500,000 invested
Slav-nsk [51]

Answer:

Project B is a better investment

Explanation:

Given:

Project A's initial investment is $500,000

Expected cash inflow starting from year 1 for 5 years is $150,000

Required rate of return is 10% and inflation is 3%. So required rate of return is 13%

NPV of project A = -500,000 + Present value of annuity of $150,000, 5 years at 13%

Present value of annuity factor of $1, 13%, 5 periods = 3.5172

NPV of project A = -500,000 + (150,000 × 3.5172)

                           = $27,580

Poject B's initial investment =  $400,000

Use present value factor of $1, 13% to compute present value of cash inflows:

Year 1 = 0

Year 2 = 50,000 × 0.7831 = 39,155

Year 3 = 200,000 × 0.6931 = 138,620

Year 4 = 300,000 × 0.6133 = 183,990

Year 5 = 200,00 × 0.5428 = 108,560

NPV of project B = -400,000 + (39,155 + 138,620 + 183,990 + 108,560)

                           = $70,325

Since project B's NPV is higher than project A, project B is a better investment.

4 0
4 years ago
When you ask the controller to look into federal reimbursements to see if he can find the cause of the reduction, how might he r
Ratling [72]

Answer:

Federal reimbursements are not part of the revenue cycle, the problem lies in revenue.

The problem lies in revenue so its possible that charges are not being generated.

Explanation:

Federal reimbursements are not revenue. These reimbursements are treated separately other than revenue. The charges are not generated because federal funds are not part of revenue cycle.

7 0
3 years ago
Other questions:
  • Compensatory damages replace what was lost because of what the breaching party did and for this reason are often said to "make t
    7·1 answer
  • The economic entity assumption requires that the activities of an entity be kept separate and distinct from the activities of it
    11·1 answer
  • Which of the following is an example of Maslow's esteem? Group of answer choices Developing and mentoring others Receiving a hig
    5·1 answer
  • Quality of working life programs were implemented largely to deal with problems associated with:A. Job control unionismB. Worker
    11·1 answer
  • Protectionist measures designed to limit free trade and protect domestic jobs
    8·1 answer
  • Jonathan is the manager of his company's facilities in the Philippines. He believes in ensuring the exact same standards of work
    10·1 answer
  • a face value of $450 million. The bonds pay interest each March 31 and September 30, beginning March 31, 2022. The effective int
    14·1 answer
  • ________ is the process of training and educating employees to become good managers and then developing their managerial skills
    7·1 answer
  • vanhoe Company reported the following results for the year ended December 31, 2021, its first year of operations: 2021 Income (p
    13·1 answer
  • Suppose a bookie will give you $2 for every $1 you risk if you pick the winners in three games of a sport on a parlay card. thus
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!