Answer:
Variable cost per unit= $7.2 per unit
Explanation:
Giving the following information:
Month Total Maintenance Costs Total Machine Hours
January: $2,590 - 330
February: $2,890 - 380
March: $3,490 - 530
April: $4,390 - 660
May: $3,090 - 530
June: $5,470 - 730
To calculate the variable cost under the high-low method, we need to use the following formula:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (5,470 - 2,590) / (730 - 330)
Variable cost per unit= $7.2 per unit
Answer:
the dividend per share is $18.85 per share
Explanation:
The computation of the dividend per share is shown below:
We now that
price per share = Dividend ÷ (required rate of return - growth rate)
$145 = Dividend ÷ (13% - 0%)
So, the dividend is
= $145 × 13%
= $18.85 per share
Hence, the dividend per share is $18.85 per share
Answer:
roll down the window and brake it if you cant roll it down
Explanation:
Answer:
Explanation:
The correct journal entry is shown below:
Vacation benefits payable Dr A/c $2,200
To Cash A/c $2,200
(Being vacation benefit is paid for cash)
Before passing this entry, another entry is passed which is shown below:
Vacation benefit expense A/c Dr
To Vacation benefits payable A/c
(Being expense is recorded)
Since we have to record the entry for vacation benefit paid. So, we credited the cash account and debited the Vacation benefits payable account
This is the answer but the same is not provided in the given options
