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zzz [600]
3 years ago
15

High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow:

Business
1 answer:
Citrus2011 [14]3 years ago
4 0

Answer:

a. Variable cost per unit = High cost - Low cost / High volume - Low volume

Variable cost per unit = $355,880 - $228,780 / 4,960 - 1,860

Variable cost per unit = $127,100 / 3,100

Variable cost per unit = $41

b. Total cost = Fixed cost + Variable cost

$228,780 = Fixed cost + (1,860 * $41)

$228,780 = Fixed cost + $76,260

Fixed cost = $228,780 - $76,260

Fixed cost = $152,520

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The rest of the world sees problems; Martin sees opportunity. He made money in real estate and lost it when the recession hit. B
Ierofanga [76]

Answer:

Resilience

Explanation:

In psychology, the term resilience refers to the process of coping with trauma, tragedy or adversity and adapt to it. But it doesn't only refer to the process of adaptation but actually it involves personal growth. In other words, the person grows thanks to the adversity, the person also sees problems as an opportunity to learn and become a better person.

In this example, Martin sees opportunity where the rest of the world sees problems, he made money and lost it but he's wealthy again. We can see that Marty has coped with adversity (the recession) but he adapted to it and he found a way to go through that and earn a living and become wealthy again, thus, this is an example of high resilience.

8 0
3 years ago
If the number of employed workers equals 200 million and the number of unemployed workers equals 20 million, the unemployment ra
fenix001 [56]

If the number of employed workers equals 200 million and the number of unemployed workers equals 20 million, the unemployment rate equals 9%.

<h3>What is the unemployment rate?</h3>

The unemployment rate is the percentage of the labour force that is unemployed.

The unemployment rate = (number of unemployed people / total labour force) x 100

Total labour force = 200 million + 20 million = 220 million

(20 / 220) x 100 = 9%

To learn more about unemployment, please check: brainly.com/question/10940465

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5 0
2 years ago
If the price of tutoring increases from $5 to $15, producer surplus increases, in numerals, by $_____.
olga_2 [115]

With the price increase in tutoring from $5 to $15, producer surplus increases by <u>$10</u>.

<h3>What is producer surplus?</h3>

Producer surplus is the additional benefit that the tutors receive.  It can be computed by determining the difference between old tutoring price, $5, and the new market price of $15. The implication is that while tutors are willing to accept $5, the new marketing price has made it possible for them to increase their surplus by $10 ($15 - $5).

Thus, the producer surplus increases by $10 to show the increased benefit that suppliers receive for selling their services in the marketplace.

Learn more about producer surplus at brainly.com/question/7622454

7 0
2 years ago
he mayor of a town has proposed a plan for the annexation of a new bridge. A political study took a sample of 1100 voters in the
Trava [24]

Answer:

The value of the test statistic is z= 2.40

Explanation:

n= 1100 (sample size)

Null hypothesis H0: p = 0.25

Alternative hypothesis H1: p>0.22

See attached picture

4 0
3 years ago
Karen, Inc. manufactures a product that uses $15 in direct materials and $5 in direct labor per unit. Under the traditional cost
miss Akunina [59]

Answer:

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Explanation:

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7 0
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