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3 years ago

12

alex has to pay his car insurance twice a year. each payment is $312. how much money should alex budget for his insurance each m

onth?

1 answer:

SSSSS [86.1K]3 years ago

7 0

This person should budget 52 dollars.

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Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine-hours best explain the

Paha777 [63]

Answer:

The utilities cost associated with 1,110 machine hours will be $10,505.

Explanation:

High Low method is a way to calculate the variable and fixed cost element of total cost using lowest level of activity and its cost and highest level of activity and its cost.

In this example The Highest activity of Machine hour is in the month of May and Lowest activity is in February.

Using high low method:

Variable cost = ( Highest activity cost - Lowest activity cost ) / ( Highest activity - Lowest activity )

Variable cost = ( Cost in May - Cost in February ) / ( Machine hours in May - Machine Hours in February)

Variable cost = ( $9,625 - $8,360 ) / ( 950 - 720 )

Variable cost = $1,265 / 230

Variable cost = $5.50 per machine hour

Fixed Cost = $8360 - ( 720 x $5.5) = $8360 - $3960 = $4,400

Utility cost of 1110 units = $4,400 + ( 1,110 x 5.5 ) = $4400 + $6,105 = $10,505

5 0

3 years ago

A service-based organization has adopted an expansionist strategy. It has taken on a number of big contracts from clients and is

PolarNik [594]

Answer:

Thee answer is: A) Time taken to fill a position should be tracked for each recruiting source and the fastest possible source should be utilized.

Explanation:

When adopting an expansionist strategy the company is trying to achieve a higher sales growth rate than before. Since it took several new big contracts it will probably have to hire several (or very many) new employees and they need to do it fast. Usually when this happens, the company will try to hire the best possible applicants from the fastest recruiting source.

5 0

3 years ago

The Nelson Company's radio division currently is purchasing transistors from the Charlotte Co. for $3.50 each. The total number

8_murik_8 [283]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The Nelson Company's radio division currently is purchasing transistors from the Charlotte Co. for $3.50 each. The total number of transistors needed is 8,000 per month. Nelson Company's electronics division can produce the transistors for a cost of $4.00 each and they have plenty of capacity to manufacture the units. The $4 is made up of $3.25 in variable costs, and $0.75 in allocated fixed costs.

Because there is unused capacity, we will not have into account the fixed costs.

Unitary cost= $3.25

It is more convenient to produce in house. The indifference price is $3.50.

6 0

3 years ago

When a corporation issues its capital stock in payment for services, the least appropriate basis for recording the transaction i

koban [17]

Answer:

par value of the shares issued.

Explanation:

In the case when the corporation issued the capital stock with regard to the service payment so the least & appropriate basis for recording the above transaction would be the par value of the shares issued as it would leads to the excess payment

Therefore according to the given situation the last option is right

8 0

3 years ago

1 of 5) What does it mean to "Diversify" your portfolio?

eduard

Answer:

D. A and B

Explanation:

5 0

3 years ago