Answer:
C. Selling is a larger process that involves many steps that lead to and support this narrower definition of selling.
Answer:
Adriana Corporation
Using the High and Low method the Variable and Fixed portions of the Total Cost is:
Fixed Costs = $247,420
Variable Costs = $39.50 Per unit x 8,020 Machine Hours = $316,790
B. at an average of 7,500hrs Machine hours, the estimated Overhead costs = $247,420 x (39.50 x 7,500)
= $543,670
Explanation:
The High and Low Method is a costing method which attempts to split the mix of Fixed and Variable costs in a mixed Total cost of production by looking at one element of variability (in this case Machine Hours)
It is a subjective approach, however simple to calculate. Other method is the regression analysis, which is more complex in comparison to the high and Low
The attached excel file shows how we derived the Variable and Fixed Costs element of the Overhead Costs
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Night shift employee's always get paid more than day shiff
Answer:
By writing that check and investing in mutual funds, M1 will decrease, but M2 will remain the same.
Explanation:
M1 includes currency and coin, demand deposits, travelers' checks, check accounts, and negotiable order of withdrawal (NOW) accounts.
M2 includes all M1 + savings deposits, money market securities, mutual funds, and other time deposits.
stock value = $ 150.91
<u>Explanation:</u>
Stock price = D /(k-g)
The given data is as follows:
D = Dividend = $4.15
, K = required percent = 9% = 0.09
, G = pledged percent = 6.25% = 0.0625
<u>The following formula is used in order to calculate the value of the stock:
</u>
Stock value= D/(k-g)
Where: D = dividend, K = required return, g = growth
=150.91(rounded to the two decimal places)
Hence stock value = $ 150.91
