You have calculated, using the high-low method, a variable cost per machine hour of $0.80 for your production power costs. Power costs at 6,000 machine hours are $5,400; at 9,000 machine hours, they are $7,800. What are the total fixed costs that you would use to estimate production power costs for your company at any level within your relevant range?
A) $600
B) $6,400
C) $2,400
D) $4,800
A
You might also like to view...
The owner of Second Sighting, a consignment clothing store, has purchased a full showing with the local bus company. What will the store owner most likely receive?
A. An ad will be placed in every transit shelter for a month. B. A floor display will be put in the main bus terminal. C. A take-one display will be affixed to interior ads in buses. D. A discounted rate for purchases will be listed on outside posters on a bus. E. A card will be placed in every bus operated by the transit system.
Adaptive strategies lead to some form of_________.
a. Closure b. Improvisation c. Sensemaking d. Sensegiving
What is the relationship among the managerial functions of planning, directing, organizing, staffing, and controlling?
What will be an ideal response?
The majority of closed-end funds invest in a. derivatives
b. bonds and other debt securities. c. money market securities. d. international equity securities.