Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 30, 2024

Cardinal uses the high-low method of estimating costs. Cardinal had total costs of $26,670 at its lowest level of activity, when 11,000 units were sold.

Cardinal uses the high-low method of estimating costs. Cardinal had total costs of $26,670 at its lowest level of activity, when 11,000 units were sold. When, at its highest level of activity, sales equaled 16,600 units, total costs were $39,830. Cardinal would estimate variable cost per unit as:

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

41. In a certain species of rats, black dominates over brown. Suppose that a black rat with two black parents has a brown sibling. (a) What is the probability that this rat is a pure black rat (as...

Answered: 1 week ago

Question

★★★★★

Vivianas Foods produces frozen meals that it sells for $11 each. The company computes a new monthly fixed manufacturing overhead allocation rate based on the planned number of meals to be produced...

Answered: 1 week ago

Question

★★★★★

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning oudgeted direct labor-hours: The company uses direct labor-hours as its overhead...

Answered: 1 week ago

Question

★★★★★

1. Linearize the following single-input, single output non-linear dynamic model around dy 2y +3y +4 ln y dt 2. Compute Laplace transform for the below equation: 1 for t 2 a f(t) = to for t

Answered: 1 week ago

Question

★★★★★

Consider a part made from aluminum: Sut = 480 MPa, Sy = 480 MPa, Sy = 410 MPa, S5*108 = 120 MPa, (all factors included). The material is subjected to a 10 s cycle where loads are applied as shown...

Answered: 1 week ago

Question

★★★★★

What command line tools are available for checking all the routers between one Internet node to another on Linux and Windows

Answered: 1 week ago

Question

★★★★★

You have written basic anonymous or DO blocks in both the Oracle and PostgreSQL databases. a comparative that examines the different approaches to these blocks. Your manager wants to know which...

Answered: 1 week ago

Question

★★★★★

Using these pressure and temperature points, plot the graph of refrigeration cycle using the pressure and enthalpy diagram for refrigerant 134a. P1 (evaporator inlet) 49 psi P2 (evaporator outlet) 47...

Answered: 1 week ago

Question

★★★★★

Find the reaction force at A. (A, B, and C are pins) CoursHeroTranscribedText A F 2 m 1 m 500 Nm 130 B

Answered: 1 week ago

Previous Question Next Question