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Galina-37 [17]
3 years ago
15

Picozzi Snow Removal's cost formula for its vehicle operating cost is $2,060 per month plus $306 per snow-day. For the month of

January, the company planned for activity of 16 snow-days, but the actual level of activity was 18 snow-days. The actual vehicle operating cost for the month was $7,720. The vehicle operating cost in the planning budget for January would be closest to:
Business
1 answer:
ArbitrLikvidat [17]3 years ago
7 0

Answer:

Planning budget=$6,956

Explanation:

<em>The planning budget is that which is based on the expected level of activity. It is the original budget used for planning purpose</em> .

The planning budget for Picozzi would based on the planned activity level of 16 snow-day

The operation cost formula = 2,060 + $306 per snow-day

Planning budget  = 2,060 + (306×16)=$6,956

Planning budget=$6,956

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stepladder [879]

Answer:

The correct answer is option a.

Explanation:

The variable cost of producing a good or service is the cost incurred on the variable factors. the variable factors are the factor inputs that vary with volume or level of output.

The production volume here is increasing by 4,000 units.

The percentage increase in production volume

= \frac{4,000}{16,000} \times 100

= 25%

Since, the production volume is increasing by 25% the total variable cost will also increase by 25%.

5 0
3 years ago
A task has an optimistic completion time of 4 days, a most likely time of 10 days, and a pessimistic time of 13 days. The expect
harkovskaia [24]

Answer: 9.5 days

Explanation:

The following can be deduced from the question:

Optimistic Time (To) = 4 days

Most likely Time (Tm) = 10 days

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Expected Task Duration (Te) will then be calculated as:

= (To + 4Tm + Tp) / 6

= (4 + 4×10 + 13) / 6

= (4 + 40 + 13)/6

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= 9.5 days

5 0
2 years ago
Cooley Landscaping Company needs to borrow ​$21 comma 000for a new​ front-end dirt loader. The bank is willing to loan the funds
kaheart [24]

Answer:

$ 4242.76

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8 0
3 years ago
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padilas [110]

Answer: Primary prevention

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3 0
3 years ago
Under which market structure does the action of one firm have a spillover effect on the decisions of other firms?
irina [24]

I believe the answer is: Monopoly

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5 0
3 years ago
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