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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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Answer:

b. $27.40

Explanation:

The formula for finding the net asset value per share is

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In this case the investments of the fund are its assets so fund assets are 730 million

The liabilities of the fund are 45 million and there are 25 million shares outstanding. In order to find the net asset value we will just input these values in the formula.

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Answer:

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The correct answer to this open question is the following.

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However, trying to offer some help, we can comment on the following.

Progressivism was the period in the history of the United States during the end of the 1800s and the beginning of the 1900s, in which many social leaders demanded changes to the consequences of the industrial era and exposed the ways fabrics and industries exploited workers and children. It also was a time when "muckraker" journalists exposed the corruption of the federal government. It was a true time of changes in America.

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