Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Please answer the questions and provide formulas and Question 3 A firm manufactures hard disk drives and sells them for $108 each. Each drive requires

image text in transcribedimage text in transcribed

Please answer the questions and provide formulas and

image text in transcribedimage text in transcribedimage text in transcribed
Question 3 A firm manufactures hard disk drives and sells them for $108 each. Each drive requires raw materials costing Incorrect $19. The number of units sold and total wages bill (including full-time and casual staff) for each of the last 6 Mark 0 out of 1 months are as follows. Which of the following is the best estimate of the fixed component of this semi-fixed Flag question wages cost? Jul Aug Sep Oct Nov Dec Sales 31 37 34 38 32 33 Wages 1531 1709 1619 1740 1560 1592 O a. $600 O b. $500 X O c. $750 O d. $650Question 4 A firm manufactures hard disk drives and sells them for $108 each. Each drive requires raw materials costing Correct $19. The number of units sold and total wages bill (including full-time and casual staff) for each of the last 6 Mark 1 out of 1 months are as follows. Which of the following is the best estimate of the variable component of this semi-fixed Flag question wages cost? Jul Aug Sep Oct Nov Dec Sales 31 37 34 38 32 33 Wages 1531 1709 1619 1740 1560 1592 O a. $30 O b. $45 O c. $35 O d. $20Question 5 A firm manufactures hard disk drives and sells them for $108 each. Each drive requires raw materials costing Incorrect $19. The number of units sold and total wages bill (including full-time and casual staff) for each of the last 6 Mark 0 out of 1 months are as follows. What is the break-even point in terms of the number of units per month? P Flag question Jul Aug Sep Oct Nov Dec Sales 31 37 34 38 32 33 Wages 1531 1709 1619 1740 1560 1592 O a. 12 units O b. 6 units O c. 10 units O d. 16 units X

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Financial Accounting Information for Decisions

Authors: John J. Wild

8th edition

125953300X, 978-1259533006

Students also viewed these Accounting questions