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2 years ago

High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow:

Business

1 answer:

Citrus2011 [14]2 years ago

4 0

Answer:

a. Variable cost per unit = High cost - Low cost / High volume - Low volume

Variable cost per unit = $355,880 - $228,780 / 4,960 - 1,860

Variable cost per unit = $127,100 / 3,100

Variable cost per unit = $41

b. Total cost = Fixed cost + Variable cost

$228,780 = Fixed cost + (1,860 * $41)

$228,780 = Fixed cost + $76,260

Fixed cost = $228,780 - $76,260

Fixed cost = $152,520

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A business may survive and prosper during the growth stage even though it has neither differentiated its offering from competito

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Answer:

B. Getting caught in the transition period without a clear strategic advantage.

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2 years ago

George Jefferson established a trust fund that will provide $170,500 per year in scholarships. The trust fund earns an annual re

Dimas [21]

Answer:

$8,119,048

Explanation:

Given that,

Amount of scholarships = $170,500 per year

Trust fund earns an annual rate of return = 2.1 percent

Let x be the amount contribute to the fund and assuming that only income is distributed,

2.1% of x = Amount of scholarships

0.021x = $170,500

x = $170,500 ÷ 0.021

= $8,119,048

Therefore, the amount of money that is contributed by the George Jefferson to the trust is $8,119,048.

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2 years ago

A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the _____ distr

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A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the<u> normal distribution.</u>

A symmetrical distribution about the mean, such as the normal or Gaussian distribution, indicates that data points closer to the mean occur more frequently than data points further from the mean.

The normal distribution is represented graphically by a bell curve. A bell curve of probabilities is more properly known as the normal distribution. The standard deviation is one and the mean is zero in a normal distribution. Its kurtosis is 3, and its skewness is 0. Not all symmetrical distributions are normal, but all normal distributions are symmetrical. The normal distribution can be thought of as a rough approximation of many naturally occurring events. However, most price distributions in finance are not normally distributed.

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To know more about normal distribution refer to:

brainly.com/question/14725173

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9 months ago

Trade between individuals and between nations leads to: Trade between individuals and between nations leads to: higher product p

kondor19780726 [428]

Answer:

The correct answer is B.

Explanation:

Trade between individuals and between nations leads to: Increased Specialization

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1 year ago

One possible answer to the economic problems in West and Central Africa is A. griots. B. microcredit loans. C. imports of natura

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The correct answer is : B. Microcredit Loans

Microcredit loans are usually a very small loans to impoverished who usually does not have enough collateral or steady source of income/ Since the west and central Africans live way below poverty border, Microcredits is one of the best way to improve their economy.

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2 years ago