Determining mix cost- the high-low method

The manager of quick car inspection reviewed the monthly operating cost for the past year. The cost range from $4400 for 1400 inspections to $4200 for 1000 inspections.

Requirements
1. Calculate the variable cost per inspection.
2. Calculate the total fixed cost.
3. Write the equation and calculate operating cost for 1200 inspections.
4. Draw a graph illustrating the total cost under this plan. Label the axis, and show the cost at 1000, 1200, and 1400 inspections

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.