Business, 18.11.2019 22:31 Karamatullah

Rafferty company, which uses the high-low method to analyze cost behavior, has determined that machine hours best predict the company's total utilities cost. the company's cost and machine hour usage data for the first six months of the year follow: (click the icon to view the data.) requirements using the high-low method, answer the following questions: 1. what is the variable utilities cost per machine hour? 2. what is the fixed cost of utilities each month? 3. if rafferty company uses 1 comma 230 machine hours in a month, what will its total costs be? requirement 1. what is the variable utilities cost per machine hour? let's begin by determining the formula that is used to calculate the variable cost (slope). change in cost / change in volume = variable cost (slope) (round the variable cost to the nearest cent.) using the high-low method, the variable utilities cost per machine hour is $

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 15:50

Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?

Answers: 2

Answer

Business, 22.06.2019 07:10

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Answers: 1

Answer

Business, 22.06.2019 19:50

On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock

Answers: 1

Answer

Business, 22.06.2019 20:30

What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.

Answers: 1

Answer

You know the right answer?

Rafferty company, which uses the high-low method to analyze cost behavior, has determined that machi...

Questions