Answer:
1) variable cost = $1.56 per day
fixed costs = $1,395 per month
2) another aspect that increases or decreases electrical consumption is the weather. During very hot days, more people use the air conditioner, which increases electricity costs. Very cold weather will result in a similar increase in electric consumption.
Explanation:
Month Occupancy-Days Electrical Costs
January 1,736 $ 4,127
February 1,904 $ 4,207
March 2,356 $ 5,083
April 960 $ 2,857
May 360 $ 1,871
June 744 $ 2,696
July 2,108 $ 4,670
<u>August 2,406 $ 5,148 </u>
September 840 $ 2,691
<u>October 124 $ 1,588 </u>
November 720 $ 2,454
December 1,364 $ 3,529
variable cost = (highest activity cost - lowest activity cost) / (highest activity level - lowest activity level) = ($5,148 - $1,588) / (2,406 - 124) = $1.56 per day
fixed costs = $5,148 - ($1.56 x 2,406) = $1,395
Answer:
d. 3.85 trillion
Explanation:
Step 1: Given data
GDP = GDP grew by = 4% = 0.04
R = inflation rate was = 2.5% = 0.025
D = government budget deficit was = $250 billion
Step 2: Formula
X = debt at the start of last year
X = D / (GDP + R)
Step 3: Computation
X = 250 billion / (0.04 + 0.025)
X = 250,000,000,000 / 0.065
X = 3,846,153,846,153.85
Step 4: Convert to trillion
X = 3,846,153,846,153.85 / 1,000,000,000,000
X = 3.85 trillion
The correct option is d. 3.85 trillion
Hope this helps!
for a business to be viable,it must make a good or proper sales
Interest paid to the share holder of a specific company that offers a dividend. (note: not all companies pay dividends).
Answer:
a. True
Explanation:
ABC classification scheme refers to item analysis that is based upon the principle that there are many less critical items and few critical items by dividing on-hand inventory into three classes which is generally based upon annual dollar volume as follows:
"A items" have very tight control and accurate records
"B items" does not have a tight control and good records
"C items" have minimal records, periodic review, and and characterized by simple controls.
From the above explanation, it is therefore <u>true</u> that periodic review systems are best suited for the C category of items under the ABC classification scheme.
