Answer:
The Estimated variable cost per machine hour for utilities is $2.50
Explanation:
High low method segregates the variable cost and fixed from the total cost using highest activity data and lowest activity data.
According to given data
Month Machine hours Utility cost
January 900 $5,450
February 1,800 $6,900
March 2,400 $8,100
April 600 $3,600
Using formula of High Low method
Variable cost = ( Cost of Highest activity - Cost of lowest activity ) / ( Highest activity - Lowest activity )
Variable cost = ( $8,100 - $3,600 ) / ( 2,400 - 600 )
Variable cost = $4,500 / 1800
Variable cost = $2.5
Fixed Cost = $8,100 - ( 2,400 x 2.5 ) = $8,100 - $6,000 = $2,100
When one group controls an industry or market by being the only provider, this is called MONOPOLY.
Mono - Greek monos means one or single
Poly - Greek polein means to sell.
Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.
Answer:
Using the shortcut keys Alt+O+R+A
Using Home/Cells/Format/Auto Fit Row Height
Double-clicking the bottom of the row number box
Explanation:
The excess row height could be resulted, if you set a row height manually. It can be fixed by some shortcut, or using the functions available in the Tabs.
You can fix this by Entering a short key of Alt+O+R+A. It will automatically adjust you row height according to format and data in the specific row.
Use Pathway of Home/Cells/Format/Auto Fit Row Height to adjust the height of the row according to format and data in the specific row.
You can also adjust the row height by Double clicking the bottom of the number box of the row.
Answer:
The correct answer is A: Trade and settlement resulting from maize cultivation
Explanation:
Before Europeans arrived in Mexico, there were several well-settled tribes and small kingdoms in the region which were in constant conflict since generations.
Trade and Settlement due to maize cultivation had taken place thousands of years ago and by the time Europeans reached this part of the world, they found a thriving civilization which was not nomadic.
As a major crop, maize was able to provide sufficient nutrition and helped in the development of a major population centers including Mexico City.
Answer: 10.5%
Explanation:
As i is the one-year forward rate, it can be calculated thus:
= (1 + Two-year maturity rate)² / ( 1 + one-year maturity rate) - 1
= (1 + 9.5)²/ (1 + 8.5%) - 1
= 10.5%
