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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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Do you believe self-regulatory practices are sufficient without governmental regulation to protect consumers? If not, what type

kaheart [24]

Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.

Explanation:

Self-regulatory is related to one human mind taking decision.
In psychology it was always proven each human behavior.
Is to dominate the other human irrelevant of there kindness.
Business run by single owner mostly dont pay suppliers, employees well.
If government steps in policies could be balanced for all the people.
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3 years ago

Julio receives utility from consuming food (F) and clothing (C) as given by the utility function . In addition, the price of

AleksandrR [38]

Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

<h3>Marginal rate of substitution</h3>

Using this formula

Marginal rate of substitution=Price of food/Price of clothing

Let plug in the formula

Marginal rate of substitution=$3 per unit/$8 per unit

Marginal rate of substitution=0.375

Marginal rate of substitution=0.38 (Approximately)

Therefore Julio's marginal rate of substitution equals is: 0.38, which is the price of food divided by the price of clothing.

Learn more about marginal rate of substitution here:brainly.com/question/13401044

#SPJ1

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1 year ago

âas an individual consumes more of a given good or service, the marginal utility of that good to the consumer likely:

Ilya [14]

Answer: " DECREASES" .___________________________________

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3 years ago

Suppose that Italy and Sweden both produce beer and olives. Italy's opportunity cost of producing a crate of olives is 5 barrels

qaws [65]

B and C because blahblahblahblah

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2 years ago

Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the money market rate where the

Furkat [3]

Answer:

the amount that she have to donate is $166,666.70

Explanation:

The computation of the amount that she have to donate is shown below:

Donation amount is

= Annual scholarship ÷ (interest rate - inflation rate)

= $2,500 ÷ (5.5% - 4.0%)

= $2,500 ÷ 1.5%

= $166,666.70

hence, the amount that she have to donate is $166,666.70

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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3 years ago