Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose the graph on the next page that best represent the cost items below. Thank you. Use the following information to answer Questions 1-10. Choose

Choose the graph on the next page that best represent the cost items below. Thank you.

image text in transcribedimage text in transcribed

Use the following information to answer Questions 1-10. Choose the graph on the next page that best represents the cost items below. Write your answer on the underlined space indicated for each question. For example, if you think the best answer for Question 1 is 'Graph b', then write b. A graph may be used more than once. Each correct answer carries 1 mark. The salary costs of the shift supervisors at a truck depot. Each shift is eight hours. The depot 1. operates with one, two or three shifts at various times of the year. The wages of servers in a restaurant. The employees are part-time workers, who can be called 2. upon for as little as two hours at a time. 3. The cost of electricity during peak-demand periods is based on the following schedule: Up to 9,500 kilowatt-hours (KwH) ..... ..... .. $0.10 perKwH Above 9,500 kilowatt-hours (KwH) ........... $0.13 perKwH The price schedule is designed to discourage over-use of electricity during periods of peak demand. 4. 5. The cost of sheet metal used to manufacture automobiles. The cost of utilities at a university. For low student enrollments, utility costs increase with enrollment, but at a decreasing rate. For large student enrollments, utility costs rise at an increasing rate. The cost of telephone service based on the number of message units per month. Ihe charge 6. is $0.85 per message, for up to 700 message units. Additional message units (above 700) are free. "Ihe cost of the nursing staff in a hospital. The staff always has a minimum of nine nurses on 7. duty. Additional nurses are used depending on the number of patients in the hospital. The hospital administrator estimates that this additional nursing staff costs approximately $195 per patient per day. The cost of chartering a private airplane. The cost is $390 per hour for the first three hours of 8. a flight. Then the charge drops to $280 per hour. Under a licensing agreement with a U.K. import-export company, your firm has begun 9. shipping machine tools to the U.K. The agreement calls for an annual licensing fee of $100,000 to be paid to the U.K. import company if total exports are under $5 million. For sales exceeding $5 million, an additional licensing fee of 10% of sales is due. Your winery exports wine to several Pacific Rim countries. In on nation, you must pay a 10. tariff for every case Of wine brought into the country. The tariff schedule is as follows: Oto 5,500 cases per year... ..............$12 per case 5,501 to 11,000 cases per year... ...... $15 per case Above 11,000 cases per year ..... ...... $20 per case

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Computer Accounting

Authors: Donna Kay

15th Edition

0077826841, 9780077826840

More Books

Students also viewed these Accounting questions