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zavuch27 [327]
3 years ago
5

Brief Exercise 18-5 a1-a2 Ivanhoe Corp. has collected the following data concerning its maintenance costs for the past 6 months.

Units Produced Total Cost July 18,700 $39,712 August 33,344 50,016 September 37,512 57,310 October 22,924 40,126 November 41,680 77,629 December 39,596 64,604 (a1) Compute the variable cost per unit using the high-low method.
Business
1 answer:
IrinaK [193]3 years ago
4 0

Answer:

a, the variable cost per unit using the high-low method is $1.65

Explanation:

a. The computation of the variable cost per unit using the high low method is shown below:

= (HIgh cost - low cost) ÷ (high units - low units)

= ($77,629 - $39,712) ÷ (41,680 units - 18,700 units)

= ($37,917) ÷ (22,980 units)

= $1.65

Hence, the variable cost per unit using the high-low method is $1.65

The same would be considered by applying the above formula so that the correct value could come

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You purchased a machine for $ 1.15 million three years ago and have been applying​ straight-line depreciation to zero for a​ sev
zlopas [31]

Answer:

The incremental cash flow from selling the​ machine is $738,657

Explanation:

In order to calculate the incremental cash flow from selling the​ machine we would have to calculate the following formula:

incremental cash flow = sale price - (sale price - book value)*tax

Book value = $1,150,000 - $1,150,000/7*3

Book value =$657,142.86

Therefore,  incremental cash flow =$793,000-($793,000-$657,142.86 )*40%

incremental cash flow =$738,657

The incremental cash flow from selling the​ machine is $738,657

7 0
3 years ago
Which of your direct reports would be best suited to motivate the teams in your area to help you meet today's Productivity goal?
kvasek [131]

Answer:

Open Communication

Explanation:

Open communication, increases team bonding and improve productivity. Managers who have open and sincere communications with subordinates are more likely to motivate subordinates, while achieving productivity goal.

6 0
3 years ago
Which of the following statements about torts is (are) true? I. The person who is injured or harmed by a tort is called a plaint
Sunny_sXe [5.5K]

Answer:

Both I and II are correct

Explanation:

A tortious act  can include the intentional infliction of emotional distress, invasion of privacy etc.  by one party to another party. Tort is the action brought forth by victims for the purpose of gaining financial compensation for injuries or losses suffered because of wrongful actions from another.

The party to which one or all of the above listed act is done to is called a claimant  and they are usually awarded financial compensation.  

Both options are correct because the injured or harmed person by a tort is called a plaintiff or claimant and the punishment for committing a tort is damages in form of money.  

8 0
3 years ago
The accompanying table shows a small community's demand for monthly subscriptions to a streaming movie service. Assume that only
Effectus [21]

Answer:

The correct answer is (b) Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.

Explanation:

Solution

Now,

A monopolist would supply where the total revenue is Maximum

So, quantity produced = 500 where each will produce 500/2

=250 units

Therefore from the given question stated as, If the two firms operating in this market agreed to each supply one-half of the quantity a monopolist would supply, the contract would specify that: Nextflix supplies 250 subscriptions and Flixbuster supplies 250 subscriptions.

4 0
3 years ago
Consider a firm with a marginal cost that initially decreases, but after reaching a minimum then increases with output (that is,
Vika [28.1K]

Answer:

a. To produce at minimum average total cost, the firm must produce more output than it would need to produce at the minimum average variable cost.

Explanation:

The total cost of a firm minimizes when a firm produces more units. Variable cost of a firm is lower when there is more output produced. The average total cost includes the average fixed cost also for which output should be more so that total fixed cost is divided to the produced units resulting in lowest possible per unit cost.

6 0
3 years ago
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