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3 years ago

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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Sitz Company makes chairs. The budgeted selling price is $55 per chair, the variable rate is $25 per chair and budgeted fixed

Zolol [24]

Answer:

$73,000

Explanation:

Data provided in the question:

Selling Price per unit = $55

Variable rate per unit = $15

Budgeted fixed costs = $20,000

Number of chairs sold = 3,100

Now,

Contribution per unit = Selling Price per unit - Variable rate per unit

= $55 - $25

= $30

Therefore,

Total contribution = Contribution per unit × Number of chairs sold

= $30 × 3,100

= $93,000

Hence,

Operating income = Total contribution - Budgeted fixed costs

= $93,000 - $20,000

= $73,000

7 0

3 years ago

Which of the following is NOT a leading reason that employees resist change? Multiple Choice fear of failure individual predispo

zysi [14]

Answer:

The correct option is lack of personal ethics

Explanation:

Fear of failure could be cogent reason behind employees' resistance to change since most employees would have gotten used to existing arrangement and any attempt to change it might be perceived a leaving one's comfort zone for unknown destination point.

The way individual perceive change can also be a rationale for opposing changes,some employees see changes as an opportunity to record new achievement while some might see as a way to expose their inefficiencies.

Another reason for opposing views to changes could lack of trust, in the sense that management might not keep to their promises made prior to implementing the changes,hence lack personal is the odd option and the correct option.

7 0

4 years ago

John, a real estate broker, and Chris, a property owner, have entered into an agency relationship. Soon after, a dispute arose i

Annette [7]

Answer:

When Chris decided that John would be his real estate broker, they signed an agreement, and that agreement should have included the commission rate that John should receive.

If a dispute arises later about how much money John should receive, all they need to do is check the signed agreement and see what commission fee was agreed between them.

4 0

4 years ago

BEST ANSWER WILL GET BRAINLIST PLZ HELP MEE

monitta

Answer:

A few incentives are kids, family, food, a home, etc.

Explanation:

If you don't have enough money for your kids then you will barely be eating and will be struggling in debt, and your home wont be in top shape to live in.

7 0

3 years ago

Increases in total factor productivity (TFP) can generate sustained increases in per capita output

marissa [1.9K]

Answer:

TFP does not cause diminishing returns
both China and India experienced increased standards of living

Explanation:

Total Factor Productivity (TFP) shows how much the economy is growing in excess of the inputs of labor and capital put into the productivity of the economy. It can therefore not be explained by the amount of inputs put into production because it is the part of productivity that is more than the productivity that should have been seen given the inputs put in.

Increasing it does not cause diminishing returns which means it can lead to a sustained increase in per capita output.

Both China and India have experienced growth in the living standards of their citizens from 1980 to 2017 with both of them seeing millions being pulled from poverty. China for instance, managed to reduce the number of poor people in the country from 400+ million in 1981 to 70 million in 2017.

3 0

3 years ago