Holly Co. uses the high-low method. It had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units. Holly would estimate fixed costs as:
A. $16.50
B. $8.25
C. $100,000
D. $70,000
Answer: D
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Match the following forms of flexibility to their descriptions:
1. Procedural Flexibility 2. Pay Flexibility 3. Functional Flexibility 4. Employment Flexibility a. Change labor utilization through varying work hours or numbers of employees. b. Increase responsiveness of compensation to changes in competitive pressures and organizational performance. c. Easily shift workers into different jobs in response to changing customer demands and production needs. d. Change production methods, technology, and work organizations.
Why might one expect that for a manager pursuing an active management strategy that the backward-looking tracking error at the beginning of the year will deviate from the forward-looking tracking error at the beginning of the year?
What will be an ideal response?
A random sample of 144 observations has a mean of 20, a median of 21, and a mode of 22 . The population standard deviation is known to equal 4.8 . The 95.44% confidence interval for the population mean is _____
a. 15.2 to 24.8 b. 19.2 to 20.8 c. 19.216 to 20.784 d. 21.2 to 22.8
Which policy can protect a company's brand identity and outlines the corporate principles governing employee online communication?
A. A YouTube policy B. A technology information policy C. An Internet workplace policy D. A social media policy