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The phone bill for a company consists of both fixed and variable costs. Refer to the four-month data below and apply the high-low method to answer the question.
Minutes Total BillJanuary 460 $3,500February 230 $2,695March 180 $2,660April 300 $2,860
Question 1: What is the variable cost per minute? (Round your answer to the nearest cent.)
Explain in your own words why separation of duties is often described as the cornerstone of internal control for safeguarding assets. Describe what can happen if the same person has custody of an asset and also accounts for the asset.
Should the Brinkers accept this offer right away? What quantitative factors and what operational, qualitative or strategic factors should Five-speed and Wilbur take into account in making this decision?
Examine the effects of variations in actual sales from these forecasts and its respective break-even point. Show your calculations to support your comments
1. a company purchased equipment for 20000. management estimates that the equipment will have a useful life of five
Explain. What journal entry would be made for the days worked and what entry would be made when the wages are paid on Saturday?
How to Make a list of audit procedures that can be applied by KAP (minimum 8) to find the possibility of collusion between buyers and suppliers
The completion of units in process and their transfer to finished goods.
What is your interpretation of the changes to the contribution margin per unit and the operating income on account of the increase in selling price?
How to Determine the bid price that Clearwater Industries would provide to its customer, Acme Weighing Systems using the Cost-plus pricing approach.
If 7,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to acc to Kesterson Corporation has provided
Compare Drug Revolving Fund operations among Nigeria States then narrow down to Kaduna state, which you then compare with other countries like Sudan, kenya, ethiopia and Ruwanda
The remaining fixed costs are common and are unavoidable unless the company went out of business. What is the break-even quantity and dollars of each product
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