True??? i think but i may be wrong.
Answer:
B most likley because i dont see hwo it can be A or D because both will lower an employees wages
Explanation:
Answer:
a.$0.23 per unit and $48,773
Explanation:
The computation of the variable cost per unit and the total fixed costs variable cost per unit and the total fixed costs using the high-low method is shown below:
Variable cost per unit = (High total cost - low total cost) ÷ (High production units - low production units)
= ($114,300 - $87,100) ÷ (284,900 units - 168,100)
= $27,200 ÷ 116,800 units
= $0.23 per unit
Now the fixed cost equal to
= High total cost - (High production units × Variable cost per unit)
= $114,300 - ( 284,900 units × $0.23)
= $114,300 - $65,527
= $48,773
Answer:
a. The amount and character of Luke’s recognized gain on the building is $170,000
b. The amount and character of Luke’s recognized gain on the land is $80,000
Explanation:
a. In order to calculate the the amount and character of Luke’s recognized gain or loss on the building, we would have to use the following formula:
amount of gain or loss building= ($325,000-$200,000) + $45,000 = $170,000 gain
b. In order to calculate the amount and character of Luke’s recognized gain or loss on the land, we would have to use the following formula:
b. amount of gain or loss on land= ($210,000-$130,000) = $80,000 gain