Question Completion:
The following information is available for a company's utility cost for operating its machines over the last four months.
Month Machine hours Utility cost
January 900 $5,450
February 1,800 $6,900
March 2,400 $8,100
April 600 $3,600
Answer:
Using the high-low method, the estimated variable cost per machine hour for utilities is:__________.
a) $2.50.
Explanation:
a) Data and Calculations:
Month Machine hours Utility cost
January 900 $5,450
February 1,800 $6,900
March 2,400 $8,100
April 600 $3,600
b) Highest and Lowest:
Month Machine hours Utility cost
March 2,400 $8,100
April 600 $3,600
Differences 1,800 $4,500
Estimated variable cost = $4,500/1,800 = $2.50
The Piagetian process that was at work here in the given excerpt is accomodation.
<u>Explanation:</u>
The three basic components of the Piaget's cognitive theory are namely
1. Schemas - these are the building blocks of knowledge.
2. Adaptation process - this includes equilibrium, assimilation and accomodation.
3. Stages of cognitive development - former operational, concrete operational, preoperational and sensorimotor.
<u>Accomodation:</u>
The accommodation stage is when the existing knowledge (schema) doesn't work and it requires a change or an updation to deal with the upcoming situation.
Here, Dave makes an accomodation since his old school of thoughts did not fit in his present scenario.
Yea I have it do you want it
Answer: A.) $1,095
Explanation:
Bond value = $30,000
Rate = 7%
Period = 10 years
Issue price = $29,100
Bond value × rate :
30,000 × 0.07 = $2100
Semi annually:
$2100 / 2 = $1050
(Bond value - issue price) ÷ (period × 2)
($30,000 - $29,100) / (10 × 2)
$900 ÷ 20 = $45
$1050 + $45 = $1,095