Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 17, 2024

Using the high-low method, Vogel Corp. has $90,000 of mixed costs for 31,000 units produced in June and $83,000 for 27,000 units produced in October.

Vogel's variable cost per unit (to the nearest penny) is:

Step 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

Recommended Textbook for

Ressourceneffizientes Wirtschaften

Authors: Heinz Karl Prammer

2nd Edition

3658046082, 9783658046088

More Books

Students also viewed these Accounting questions

Question

★★★★★

Discuss the main differences between retirement systems in the United States (taking into account legally required and discretionary programs) and one other country discussed in this chapter. Does it...

Answered: 1 week ago

Question

★★★★★

20. In how many ways can n identical balls be distributed into r urns so that the ith urn contains at least m i balls, for each i = 1,..., r? Assume that n $$\sum_{i=1}^{r} m_i$$.

Answered: 1 week ago

Question

★★★★★

3. Make extra-credit work available to add points to course grades.

Answered: 1 week ago

Question

★★★★★

Presented hem are the comparative balance sheets of Flames. Inc., at December 31, 2017 and 2016. Sales for the year ended December 31, 2017, totaled $1,700,000. Required: a. Calculate ROI for 2017....

Answered: 1 week ago

Question

★★★★★

The following selected transactions relate to investment activities of Ornamental Insulation Corporation during 2018. The company buys debt securities, not intending to profit from short-term...

Answered: 1 week ago

Question

★★★★★

Scholfield Enterprises makes a variety of products that it sells to other businesses. The companys activity-based costing system has four activity cost pools for assigning costs to products and...

Answered: 1 week ago

Question

★★★★★

REMEMBER ME- LIVING LEGACIES Imagine you created business from a website that you can use as a memorial for your loved ones that passed away. Management and Operations Including yourself, how many...

Answered: 1 week ago

Question

★★★★★

If most new products are minor modifications of existing products, why do firms continue with high-risk, high-cost projects?

Answered: 1 week ago

Question

★★★★★

Examine the rules in /etc/snort/rules/ and find the duplicate rule. What is the sid: number for the duplicate rule? (Hint: answer is the higher of the two SID numbers.) what command would i use to...

Answered: 1 week ago

Question

★★★★★

In other words, according to your informed thinking on what you have observed, in what ways was the leader's behavior impactful or was not effective, and why do you say so?

Answered: 1 week ago

Question

★★★★★

Assume that the initial stock price is So = $ 1 0 0 . You would like to hedge a long position of 2 0 call contracts ( 1 0 0 shares per contract ) with 2 5 0 days to maturity anda strike price of $ 1...

Answered: 1 week ago

Question

★★★★★

1. Research indicates that employee misconduct tends to increase in companies where mergers, acquisitions, and restructurings are under way. Why do you think this happens?

Answered: 1 week ago

Question

★★★★★

3. Most employees do not disclose the fraud and corruption they observe in the workplace, and, therefore, criminal and immoral behaviors continue to flourish. Who or what can intercept this lack of...

Answered: 1 week ago

Question

★★★★★

2. Do you think it is realistic to attempt to encourage a lifetime of customer patronage in todays uncertain business climate? Elaborate on your response.

Answered: 1 week ago

Previous Question Next Question