Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For each of the cost items described below, choose the graph {see next page) that best represents it. 1. The salary costs of the shift

image text in transcribedimage text in transcribed
For each of the cost items described below, choose the graph {see next page) that best represents it. 1. The salary costs of the shift supervisors at a truck depot. Each shift is eight hours. The depot operates with one, two, or three shifts at various times of the year. 2. The salaries of the security personnel at a factory. The security guards are on duty around the clock. 3. The wages of table-service personnel in a restaurant. The employees are part-time workers, who can be called upon for as little as two hours at a time. 4. The cost of electricity during peak-demand periods is based on the following schedule. Up to 9,500 kilowatt-hours (kwh) $.10 per kwh Above 9,500 kilowatt-hours $.13 per kwh The price schedule is designed to discourage overuse of electricity during periods of peak demand. 5. The cost of sheet metal used to manufacture automobiles. 6. 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 increase at an increasing rate. 7. The cost of online back-up storage at a rate of $2.50 per gigabyte, up to 50 gigabytes, beyond which storage is unlimited, at no additional cost. 8. The cost of the nursing staff in a hospital. The staff always has a minimum of nine nurses on 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. 9. The cost of chartering a private airplane. The cost is $390 per hour for the rst three hours of a ight. Then the charge drops to $280 per houn 10. Under a licensing agreement with a South American importfexport company, your rm has begun shipping machine tools to several countries. The terms of the agreement call for an annual licensing fee of $100,000 to be paid to the South American import company if total exports are under $5,000,000. For sales in excess of $5,000,000, an additional licensing fee of 10 percent of sales is due. 11. Your winery exports wine to several Pacic Rim countries. In one nation, you must pay a tariff for every case of wine brought into the country. The tariff schedule is the following: 0 to 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

Step: 3

blur-text-image

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

Comprehensive Assurance & Systems Tool An Integrated Practice Set

Authors: Laura R Ingraham, J Greg Jenkins

3rd Edition

0133251969, 9780133251968

More Books

Students also viewed these Accounting questions