The estimated variable cost per unit is $3.07 using the high-low method. The correct option is $3.07..
The high-low method of cost estimation is a simple method that is widely used in business. This technique involves calculating the cost of producing a product based on the company's highest and lowest sales volumes.
Given the following information, use the high-low method to determine the variable cost per unit and the total fixed cost for a company that sells a product.
Month Units Sold Total Cost
January 1,020 $6,570
February 1,920 $7,140
March 2,640 $8,100
April 720 $4,500
Variable Cost = (High Cost − Low Cost) ÷ (High Units − Low Units)
Let's determine the high and low costs and units sold in the table. We then calculate the variable cost per unit using the formula above.
Month Units Sold Total Cost
January 1,020 $6,570
February 1,920 $7,140
March 2,640 $8,100
April 720 $4,500
High Cost = $8,100
Low Cost = $4,500
High Units = 2,640
Low Units = 720
Variable Cost = ($8,100 − $4,500) ÷ (2,640 − 720)
= $3.07
Therefore, the estimated variable cost per unit is $3.07.
Hence, the correct option is multiple choice $3.07.
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Which of the following was not one of Reagan's four major policy objectives during his presidency?
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.
Jill filed her taxes and found out that she owes an additional $1,500.
Unfortunately, she can't afford to pay that amount immediately. What options
does she have? What are the pros and cons of using these options?
Answer:
Take out a loan from a bank don't borrow from family it could ruin your relationship with them
Explanation:
If you take a loan you might have to pay interest depends on the bank and the time you take to pay it back.
If you take a loan from a family member it depends on their financial situation if they have loads of money they might be patient but if they have not lots of money but still some money they might be annoyed on how long you take so my conclusion is take money from the bank.
Choose a country / economy of your interest. Write a short essayof 500- 1000 words on the history of exchange rate regimes in thatcountry starting from around 1973. Comment on whether you feel thec
When looking at the history of exchange rate regimes in a particular country, it's important to understand the context of the global economy during that time period. From around 1973, the world saw a shift towards floating exchange rates, which meant that the value of a country's currency was determined by market forces rather than being fixed to another currency or a commodity like gold.
In the case of Japan, the country experienced a period of rapid economic growth from the 1950s to the 1970s, known as the "Japanese economic miracle". During this time, Japan's exchange rate regime was fixed to the US dollar, which helped to maintain the competitiveness of Japanese exports and support economic growth. However, by the early 1970s, the US was experiencing high inflation and a weakening economy, which put pressure on the fixed exchange rate system. In 1971, the US abandoned the gold standard and allowed the dollar to float freely, which led to a revaluation of the yen against the dollar. Japan eventually shifted towards a floating exchange rate regime in 1973, which allowed the value of the yen to be determined by market forces. This helped to make Japan's exports more competitive and support continued economic growth. In the following decades, Japan experienced a number of economic challenges, including a real estate bubble in the late 1980s and a long period of deflation in the 1990s and 2000s. Throughout these challenges, the Japanese government and central bank intervened in the foreign exchange market to manage the value of the yen.
Overall, Japan's history of exchange rate regimes reflects the shifting global economy and the importance of maintaining competitiveness in the export sector. While the country has experienced a range of economic challenges, the flexibility of its exchange rate regime has helped to support growth and stability.
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commenced business by Sarita with her bank balance 100000 and furniture 100000
Answer:
see below
Explanation:
This transaction increases the bank balance ( asset account) by 100,000 and furniture account( asset account) by 100,000.
Capital account increases by 200,000. An increase in assets is a debits while an increase in capital is credited.
The journal entry will be as follows
Bank A/C Dr. 100,000
Furniture A/C Dr. 100,000
Capital A/C Cr. 200,000
Answer:
200,000
Explanation:
Which career path includes the work duties of hiring and managing farm laborers? a career as a purchasing agent career as a farm management advisor a career as a farm labor contractor a career as a food scientist
Answer:
The answer would be a Farm Management Advisor.
Explanation:
Answer:
a career as a farm management advisor
Explanation:
which 2 features in quickbooks online can help a professional services company track profitability by client?
fees for service are determined by which of the following?
Each bank
Each transaction
Each customer
Each branch of bank
Answer:
Each bank
Explanation:
Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.
Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.
why is it possible to distinguish individuals by running pcr products on a gel?
PCR (Polymerase Chain Reaction) is a technique used to amplify specific DNA sequences, producing numerous copies of the target DNA region. When these PCR products are run on a gel, it becomes possible to distinguish individuals based on several factors size, Banding pattern and Allelic variations.
Size: PCR products generated from different individuals may vary in size due to variations in the DNA sequence, such as insertions or deletions. By separating these products on a gel using gel electrophoresis, the DNA fragments of different sizes can be visualized as distinct bands, allowing for the differentiation of individuals.Allelic variations: PCR can target regions of DNA that contain variable genetic markers, such as short tandem repeats (STRs) or single nucleotide polymorphisms (SNPs). These variations result in different alleles at these genetic markers among individuals. By amplifying and analyzing these regions using PCR and gel electrophoresis, the presence or absence of specific alleles can be detected, enabling the identification and differentiation of individuals.Banding pattern: The combination of different alleles and variations in the target DNA region results in a unique banding pattern on the gel for each individual. By comparing the banding patterns of PCR products from different individuals, it is possible to distinguish and identify individuals based on their specific genetic profiles.To know more about Polymerase Chain Reaction refer to-
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When the wage rate increases, the opportunity cost of leisure time Choose one: A. is not impacted. B. increases. C. decreases.
When the wage rate increases, the opportunity cost of leisure time increases.(B)
When the wage rate increases, the value of each hour spent working rises, making leisure time more expensive in terms of forgone income. In other words, the opportunity cost of leisure time, which is the income you could have earned by working instead of taking leisure, increases.
This higher opportunity cost may encourage people to work more hours, since they have more to gain financially from working than from taking leisure time.
On the other hand, some people may choose to maintain or even reduce their work hours, since they can now earn the same income in less time. Ultimately, the choice depends on an individual's preferences and priorities, but the overall effect is that an increased wage rate leads to a higher opportunity cost for leisure time.(B)
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1. Suzie’s Flowers purchases a wide variety of houseplants. One of Suzie's favorites, the large split leaf philodendron, costs $13.50 from the wholesaler and requires an additional $1.00 per plant to take care of and then package prior to sale. Suzie's normal markup on houseplants is 55%. What would be the retail selling price of a large split leaf philodendron?
2. A manufacturer sells a 3-person tent to its wholesalers for $59.95. Wholesalers take a markup on selling price of 15% and sell to retailers who take a markup on selling price of 45%. How much does this tent cost you?
Answer:
$22.475 and $99.96
Explanation:
1. Split-leaf philodendron, costs $13.50 and requires an additional $1.00 per plant to prepare for a sale. The total cost of the plant is $14.50 ($13.50 + $1.00)
If Suzie desires a 55% mark-up, the retail prices will be the cost price plus 55% of the cost.
The cost price of $14.50 is equal to 100%
the retail price will be 155% of $14.50
=155/100 x $14.50
=1.55 x $14.50
=$22.475
2. The manufacturer sells the tent for $59.95.
$59.95 is equivalent to 100%. If wholesalers mark-up is 15%, they will sell the tents to retailers at 115% of $59.95
=115/100 x $59.95
=1.15 x $59.95
=$68.94
Retailers mark up is 45% of $68.94. consumers buy the tents at 145% of $68.94
=145/100 x $68.94
=1.45 x $68.94
=$99.96
3. Liam also wants to use defined names in other calculations to help him interpret the formulas. In the range d4:d8, create defined names based on the values in the range c4:c8
Create specified names in the range D4:D8 based on the values in the range C4:C8. This issue has been resolved! A subject will provide you with a thorough solution.
When should I utilize it in specific?
You use it specifically to indicate that something is receiving special attention and is being considered separately from other items of the same type. Our service is tailored specifically at college students. Students were not specifically targeted. Employment for a specific project, activity, or endeavor, for which the employment contract defines the conditions, event, or criterion that will result in the termination of the employment.
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You noticed a mistake: Your own records do not match the bank statement you just received.
Which option describes the steps you should take to solve this situation? Check all that apply.
You noticed a mistake that own records do not match the bank statement you just received. The steps need to take to solve this situation are:
Check my records first to see if the mistake is mineCall the bank after making sure my records are correctWhy should our bank statement be error free?Having an error-free bank statement is crucial for several reasons. Firstly, it ensures that the financial transactions are accurately recorded and that the balances and transactions reported on the statement are correct. This is important for individuals and businesses to maintain an accurate record of their financial activities, and to identify any discrepancies or fraudulent activities.
Secondly, an error-free bank statement can help to prevent overdrafts, insufficient funds, and other financial penalties that may result from inaccurate or missing transactions. Finally, a correct bank statement provides a clear picture of an individual's financial health and helps in making informed financial decisions.
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Which security term is used to describe the likelihood of a threat to exploit the vulnerability of an asset, with the aim of negatively affecting an organization? Vulnerability
Threat
Exploit
Risk
The security term is used to describe the likelihood of a threat to exploit the vulnerability of an asset, with the aim of negatively affecting an organization is Risk. Thus option D is correct.
What is an asset?A resource of the business which has an economic value in the future to the business which helps business activities to take place smoothly is considered as an asset.
The definition of risk is the possibility that something bad might happen or any uncertainty that might disturb or affect a person's well-being or an asset in terms of physical harm or monetary loss.
Therefore, option D is appropriate.
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Which of these methods will remove a custom tab stop?
A. Double-click the tab stop.
B. Triple-click the tab stop.
C. Click and drag the tab stop to the left edge of the Ruler.
D. Click and drag the tab stop off the Ruler.
Answer:
d. Click and drag the tab stop off the Ruler.
Explanation:
ssume the reserve ratio is 25 percent and Federal Reserve Banks buy $4 million of U.S. securities from the public, which deposits this amount into checking accounts. As a result of these transactions, the supply of money is:
Answer:
The supply of money is directly increased by $4 million and the money-creating potential of the commercial banking system is increased by an additional $12 million.
Explanation:
Total Money supply increased in question = $4 million + $12 million
Total Money supply increased in question = $16 million
Multiplier = 1 / Reserve Ratio
Multiplier = 1 / 0.25 = 54
Once the money is deposited, Money supply is increased by $4 Million.
Total money supply to be increased = Deposits * Multiplier
= 4 million * 4
= $16 Million
According to the text, which of the following three companies fell victim to the most significant data security breaches? O Target, Home Shopper, TJ Max O Lowes, Home Depot, and Maxl O Target, Home Depot, and TJX O Marshals, Home Depot, and Lowes None of the above.
The most significant data security breaches occurred at Target, Home Depot, and TJX.
According to the information provided, the companies that fell victim to the most significant data security breaches are Target, Home Depot, and TJX. These breaches have highlighted the importance of maintaining strong cybersecurity measures to protect customer data. Target experienced a massive breach in 2013, compromising the credit and debit card information of millions of customers. Home Depot suffered a similar breach in 2014, which affected millions of payment cards.
TJX, the parent company of stores like TJ Maxx and Marshalls, was a victim of a large-scale breach in 2007, resulting in the theft of customer data, including credit and debit card numbers. These incidents serve as a reminder for businesses to continuously invest in and improve their cybersecurity infrastructure.
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URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made
Larry wants to hold an event that covers Dual Special Needs Plans (SNP). He will use the slide presentation provided by UnitedHealthcare to explain the plan benefits and will help consumers complete enrollment applications at the end. What type of event does Larry need to conduct?
Answer:
Not marketing sales event informal
Explanation:
Since Larry wants to hold an event that covers Dual Special Needs Plans (SNP) which are Medicare Plans that intend to help limit membership as well as helpntailor to people with a specific diseases in which he will be using slide presentation that was provided by United Healthcare to help explain the plan benefits and as well help the consumers to complete their enrollment applications at the end this means that the type of event that Larry need to conduct will be NOT MARKETING SALES EVENT INFORMAL reason been that United Health care enables people or individual to gain access to the services that address the most important and significant causes of disease and death in which they as well ensures that all the quality of the services they rendered is good enough to help improve the health and vitality of the people who receive their services.
In this scenario, the type of event that Larry need to conduct is a marketing/sales event formal.
A sales formal event is an event involving an audience and the salesperson that is providing a specific information, sales presentations, talking points to the audience.
Hence, Larry need to conduct a marketing/sales event formal to explain the plan benefits and help consumers complete enrollment applications.
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The demand for money curve shows that there is an inverse relationship between interest rate and
A.quality of money supplied
B. Price level
C. Gross domestic products
D.quantity of money demanded
Answer:
D.quantity of money demanded
Explanation:
Just is
Answer:
quality of money supplied is the answer
why are medical related professions and human resources important?
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
ethical issues arise in international business when
The existence of cultural, legal, and ethical disparities across nations can lead to ethical problems in international commerce. These are some such circumstances where ethical concerns might emerge in global business.
Bribery and corruption: In certain nations, these immoral and unlawful commercial activities are standard operating procedure. Businesses who do business internationally need to be aware of local legislation regarding bribery and corruption as well as cultural norms in each country they operate in. They also need to make sure that their business activities are moral and legal. Labor and human rights violations: As some nations have less stringent labor and human rights laws than others, businesses must take care to avoid using any methods that go against these laws. For instance, discrimination, forced work, and child labor are all prohibited.
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A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profit by:
Answer: b. selling VIX calls
Explanation:
The client could make some money selling VIX calls. Call options give the holder the right to buy an underlying asset at a set price in future and they will do so if the market price of the underlying asset increases past the call price of the asset (exercise price).
If the client expects that market conditions will be stable then an increase in stock price is not expected. They can sell calls and make money from the premium they will charge for the calls knowing that they would not have to sell any stock to the holder as the value will not appreciate.
although hydroelectric dams generate electricity without producing greenhouse gases, they
Despite that hydroelectric dams generate electricity without producing greenhouse gases, they eliminate farmland and wildlife habitats in the regions that are flooded.
Hydro-electricity is a source of electricity generated from force gotten from downfall of dam water.
Hydro-electricity are only generated from accumulation of large bank of rivers that may pose danger to farmlands and widelife habitat.Hence, the Option C is correct because hydroelectric dams eliminate farmland and wildlife habitats in the regions that are flooded.
Missing option includes "a. are only able to contribute to about 5% of the electrical power throughout the world. b. are short-lived structures that have to be rebuilt about every 20 years. c. eliminate farmland and wildlife habitats in the regions that are flooded. d. alter water control in ways that make it more difficult to irrigate crops."
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Polaroid allow employee the opportunity to try out retirement with a leave program, or gradually reduce their work hour a they approach retirement age. Thi i an example of:
Quetion 5 option:
a everance leave
phaed retirement
family-friendly benefit
policie recommended by Social Security
The answer is option b. pre-retirement program, Polaroid allow employee the opportunity to try out retirement with a leave program, or gradually reduce their work hour a they approach retirement age. This is an example of pre-retirement program.
The real purpose of retirement, what is it?The decision to permanently leave the workforce is referred to as retirement. The majority of developed nations, including the United States, have a 65-year-old standard for retirement, and many of these nations also have some sort of national pension or benefits system in place to help seniors supplement their wages.
How does retirement serve a purpose?Retirement, in the broadest sense, is the stage of life when you are no longer dependent on employment to support your standard of living and can instead rely on savings or other passive sources of income. Financial independence and retirement are terms that are frequently used synonymously.
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Which type of product advertisement can be used to sell a company’s product when two or more other companies are selling the same product?
Answer:competitive advertising
Explanation:
I’m not for sure but I think that might be the answer
Answer: competitive advertising
Explanation:
if on online course it is what was right
Two-thirds of a number is two more than one-half of another number. The sum of the number is 129. Find the numbers.
Answer: 57 ; 72
Explanation:
Given information
2/3 of a number is 2 more than (1/2) of another number
Sum = 129
Set variables
Let x be the first number
Let y be the other number
Set system of equations
\(1)~\dfrac{2}{3} x=\dfrac{1}{2} y+2\)
\(2)~x + y=129\)
Eliminate fractions in the 1) equation
\(\dfrac{2}{3} x\times6=\dfrac{1}{2} y\times6+2\times6\)
\(4x=3y+12\)
Move x and y onto the same side
\(4x-3y=12\)
Current System
\(1)~4x-3y=12\)
\(2)~x + y=129\)
Multiply 3 on both sides in 2) equation
\(x\times3 + y\times3=129\times3\)
\(3x+3y=387\)
Current System
\(1)~4x-3y=12\)
\(2)~3x+3y=387\)
Add 1) equation and 2) equation together
\((4x - 3y)+(3x+3y)=(12)+(387)\)
Expand parenthesis and combine like terms
\(4x - 3y + 3x + 3y = 12 + 387\)
\(4x + 3x - 3y + 3y=399\)
\(7x=399\)
Divide 7 on both sides
\(7x\div7=399\div7\)
\(\Large\boxed{x=57}\)
Substitute the x value into one of the equations to find the y value
x + y = 129
(57) + y = 129
y = 129 - 57
\(\Large\boxed{y=72}\)
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A friend comes to you seeking advice. He got into trouble at work for not being a team player. He really likes his job and isn’t quite sure what to do. What suggestions would you give to your friend to help him improve? How might he respond to his boss? paragraph... hurry need it by tomorrow
Answer:
well he should apologize to his boss and everyone he wasn't a team player to because someone must have told his boss, and then proceed to say he with work with others better and mean it. hope this helps your "friend"
Explanation:
The response to hie boss is advice by a friend is that he should justify to his boss and everyone else who knew he wasn't a team player, and then proceed to say he will work better with others and mean it.
What is the team player?Effective team players hold themselves and others accountable. They accept responsibility for their actions or mistakes and comprehend how their decisions affect the team.
Adapting to change is an essential component of team success. If they have the backing of a team, people are more likely to take calculated risks that lead to innovation.
Working as part of a team promotes personal development, increases job satisfaction, and reduces stress. In the given case, his boss's response is advice from a friend that he should justify to his boss and everyone else who knew he wasn't a team player, and then proceed to say he is a team player.
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regan grows flowers and makes ceramic vases. jayson also grows flowers and makes ceramic vases, but regan is better at producing both goods. in this case, trade could
In this case, trade could be facilitated through barter, an exchange of goods or services without the use of money. Regan could offer to give Jayson some of his flowers and vases in exchange for some of Jayson's flowers and vases.
What do you mean by barter?
Barter is the process of exchanging goods and services between two or more parties without using money to settle the transaction. In barter, one party offers a good or service, and the other offers a good or service in return. Barter is an ancient form of trade, and one of the oldest means of exchanging goods and services. It is also a form of trade that is still used today in many parts of the world. Barter allows individuals or businesses to obtain goods and services without the need for money, and it can provide an alternate means of exchange when traditional methods of payment are not available.
This type of trade is especially common in rural areas and can help both parties to get what they need without the need for money.
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Mark's wife gained custody of their son and he is required to pay $2,000 a month toward his son's upkeep to his ex-wife. This payment is known as________.
The payment that Mark is required to make to his ex-wife for his son's upkeep is known as child support. Child support is a legal obligation that a noncustodial parent, like Mark, has to contribute financially towards the care and well-being of their child. In this case, Mark's wife gained custody of their son, so he is responsible for paying $2,000 a month to support his son.
Child support is typically determined based on various factors, such as the income of both parents and the needs of the child. It is intended to ensure that the child's financial needs are met and to provide support for their overall upbringing.
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Why is inflation considered an economic problem? please refrain from irrelevant answers.
Answer: it is an economic problem because it is the devaluation of currency. Meaning that money is worth less than what it was before. (prices will go up
but wages will stay the same)
Explanation: