Answer:
$50.57 ; $175,573.6
Explanation:
The computation of the fixed and variable portions of overhead costs based on machine-hours using high low method is shown below:
Variable cost per hour = (High Overhead cost - low overhead cost) ÷ (High machine hours - low service hours)
= ($581,145 - $503,775) ÷ (8,020 hours - 6,490 hours)
= $77,370 ÷ 1,530 hours
= $50.57
Now the fixed cost equal to
= High overhead cost - (High machine hours × Variable cost per hour)
= $581,145 - (8,020 hours × $50.57)
= $581,145 - $405,571.4
= $175,573.60
Answer:
A. A legal benefit and a legal detriment.
Explanation:
In contract law, consideration refers to the benefit element of value that must be bargained between the two parties.
Consideration always includes a legal benefit because you are going to receive some consideration from the other party, but it also involves a legal detriment because you are also giving away something of value (consideration) in exchange to the other party. E.g. you buy a hamburger (you receive food) but you must pay for it (you exchange money).
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: Karl must sell 1350 small heaters and 450 large heaters to break even.
We follow these steps to arrive at the answer:
No. Small Large Total
1 Selling Price per unit 80 250
2 Variable Cost per unit 30 120
3 Number of units sold 2100 700 2800
4 Sales mix 3 1
5 Total sales (1*3) 168000 175000
6 Total Variable Cost (2*3) 63000 84000
7 Contribution Margin (5-6) 105000 91000 196000
Next we compute the Weighted Average Contribution Margin as follows:
Now, Break even point (BEP) is computed as
Since the large and small heaters are sold in the 3:1 ratio, we can find the number of large and small heaters to be sold in order to achieve the break even point at 1800 units.
Expansionary policy boosts the economy in the short run but not the long run.
Option A
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Explanation:
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Germany was considered one of the richest countries before World War 1. Their economy was very steady and there is no match for them among countries.
Due to the effect of World War 1 the country was into hyperinflation and all the prices of perishable things and food items has increased at a very fast pace. To balance the inflation they applied Expansionary monetary policy which uses the central bank to print money to stimulate the economy.
The increase in supply of printed money will ease out the lending rates and it will boost the economy.
