Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - The Miller Company has assembled the following data pertaining to certain costs which cannot be easily identified as either fixed or variable. Miller has heard about two methods of developing cost functions called the high-low method & scatter-gram method and has decided to compare both methods.
The table below shows monthly data collected on department costs and on the number of hours worked over a recent 12-month period.
Department Costs
# of Hours
37,000
3,700
23,000
1,600
4,100
47,000
4,900
33,000
3,300
39,000
4,400
32,000
3,500
4,000
17,000
1,200
18,000
1,300
22,000
1,800
20,000
Required -
a) Determine the variable cost per hour and the fixed cost using the high-low method.
b) What is the equation of the total mixed cost function?
c) Prepare the scatter diagram for Miller Company.
d) Using the line of best-fit, determine Miller's fixed cost per month and the variable cost per hour.
e) Which of the two methods appear more appropriate? Explain your answer.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd