Answered step by step
Verified Expert Solution
Question
1 Approved Answer
fast please thank you Following are utilities costs for different level of machine hours: $225 for 5 hours ; $270 for 6 hours : $315
fast please thank you
Following are utilities costs for different level of machine hours: $225 for 5 hours ; $270 for 6 hours : $315 for 7 hours; $360 for 8 hours. This cost is best described as Select one a. None of the answers given O b. Fixed c. Direct O d. Variable O e. Mixed Assume that sales are predicted to be $3,750, the expected contribution margin is $1,500, and a net loss of $250 is anticipated. The break-even point in sales (sis. Select one O a: 2.083 b.4,000 O C 3.125 Od 2,917 4,375 XYZ Company uses the high low method to analyze the mixed cost. According to the cost formula derived, the total fixed cost is $10,000. Total cost at the high level of activity was $58,000 and at the low level of activity was $25,000. If the low level of activity was 2,500 units, what was the high level of activity in units? of Select one: O 5,800 Ob 8,500 None of the answers given d. 8,000 9,000Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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