Business, 23.12.2019 22:31 cchave9563
Samuels, inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. the company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: month utilities machine hoursjanuary $8700 800february 8360 720march 8950 810april 9360 920may 9625 950june 9150 9001.the variable utilities cost per machine hour is: a) $0.18.b) an amount other than those listed above. c) $4.50.d) $5.00.e) $5.50.2. the fixed utilities cost per month is: a) an amount other than those listed above. b) $4,760.c) $3,764.d) $5,100.e) $4,400.3. using the high-low method, the utilities cost associated with 980 machine hours would be: a) an amount other than those listed above. b) $9,660.c) $9,700.d) $9,790.e) $9,510.
Answers: 2
Business, 22.06.2019 04:10
You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?
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Business, 22.06.2019 13:00
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Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
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Business, 22.06.2019 19:40
Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08
Answers: 1
Samuels, inc., which uses the high-low method to analyze cost behavior, has determined that machine...
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