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a_sh-v [17]
3 years ago
15

Strait Co. manufactures office furniture. During the most productive month of the year, 3,700 desks were manufactured at a total

cost of $82,400. In the month of lowest production the company made 1,200 desks at a cost of $65,000. Using the high-low method of cost estimation, total fixed costs are
a.$17,400
b.$65,000
c.$56,648
d.$82,400
Business
1 answer:
Paladinen [302]3 years ago
3 0

Answer:

Option (c) is correct.

Explanation:

Given that,

Highest level of activity = 3,700

Total cost at highest level of activity = $82,400

Lowest level of activity = 1,200

Total cost at lowest level of activity = $65,000

Here, we are using high-low method of cost estimation,

Variable cost per unit:

= (Total cost at highest level of activity - Total cost at lowest level of activity) ÷ (Highest level of activity - Lowest level of activity)

= ($82,400 - $65,000) ÷ (3,700 - 1,200)

= $17,400 ÷ 2,500

= $6.96

Fixed Costs:

= Total cost at highest level of activity - (Variable cost per unit × Highest level of activity)

= $82,400 - ($6.96 × 3,700)

= $82,400 - $25,752

= $56,648

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Answer and Explanation:

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Now this means that $1 million deposit result into increased by $5 million in the overall money supply

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4 0
3 years ago
You go to a local car lot and buy a used car as is. After you have driven only a few miles, the check-engine light flashes urgen
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Answer:

ask the mechanic to document their findings

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Explanation:

First of all, tampering the odometer is a federal crime. The first thing you need to do is gather evidence and go to the police. You can do this by asking your mechanic to document any alteration and looking for other evidence online also helps. E.g. if you buy a car that is 10 years old and the odometer records only 10,000 miles, you should be suspicious (plain common sense).

I doubt that writing an email works, but you could be lucky and get a favorable response from the dealer. Or more importantly, it can be used as evidence that the dealer was aware of the fraud and didn't do anything to correct it.

Reporting this incident to the Better Business Bureau can help prevent that other people are tricked by the dealer, but as soon as you have evidence of what happened you should report the crime.

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Answer:

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As the company has been working in the centralized functional structure, that means all the major decisions were taken by the executive management personnel, and accordingly the company can even in the establishment of cross functional team, can make this possible.

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Answer:

TRUE

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