Answer:
The total monthly fixed cost and the variable cost per hour is $1,540 and $23
The average contribution margin per hour is $27
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable cost per hour = (High Operating cost - low operating cost) ÷ (High service hours - low service hours)
= ($11,200 - $4,300) ÷ (420 hours - 120 hours)
= $6,900 ÷ 300 hours
= $23
Now the fixed cost equal to
= High operating cost - (High service hours × Variable cost per hour)
= $11,200 - (420 hours × $23)
= $11,200 - $9,660
= $1,540
For computing the contribution margin per hour, first we have to compute the revenue per hour which is shown below:
= Revenue ÷ service hours
= $6,000 ÷ 120 hours
= $50
We know that,
The contribution per hour = Revenue per hour - variable cost per hour
= $50 - $23
= $27
Answer:
do you watch riverdale?
pls dont report me im jus bored -_-
Explanation:
Answer:
8.66%
Explanation:
The computation of the rate of return for the investor in the fund is as follows:
= (Net assets at the end + dividend per share - nav at the beginning of the year) ÷ (nav at the beginning of the year)
where,
Net assets at the end is
= $203 million + $203 million × 7% - ($217.21 million × 0.75%)
= $203 million + $14.21 million - $1.6291 million
= $217.21 million - $1.6291 million
= $215.58093 million
Dividend per share is
= $5 million ÷ 10 million shares
= 0.5
Nav at the beginning of the year is
= $203 million ÷ 10 million shares
= $20.3
Now the rate of return is
= ($215,.58093 + 0.5 - $20.3) ÷ ($20.3)
= 8.66%
Answer:
It should accepted.
Explanation:
![\left[\begin{array}{cccc}&Units&Cost&Total\\$Special Order&49&2,590&126,910\\$Variable Cost&49&1,440&-70,560\\$rejected local&&&0\\$additional cost&&&0\\$Net Income&&&56350\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26Units%26Cost%26Total%5C%5C%24Special%20Order%2649%262%2C590%26126%2C910%5C%5C%24Variable%20Cost%2649%261%2C440%26-70%2C560%5C%5C%24rejected%20local%26%26%260%5C%5C%24additional%20cost%26%26%260%5C%5C%24Net%20Income%26%26%2656350%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We will compare the Special order with the variable cost associate with their productions.
As the orders has a postive income after variables expenses it should be accepted as contributes with the payment of fixed cost and this sales wasn't planned when solvign for the cost. Not doing the sale will avoid the comapny the opportunity of a profitable business cappable of allocate more fixed cost.
