User Account

All Pages

What is the variable cost per minute

Assignment Help Accounting Basics
Reference no: EM132997868

Problem - 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 Bill

January

460

$3,000

February

200

$2,675

March

170

$2,660

April

310

$2,825

Required - What is the variable cost per minute?

Reference no: EM132997868

Questions Cloud

What is the amount of the loan balance at the end of month : Prepare the cash budget, in the form of a statement of cash flow, for February. What is the amount of the loan balance at the end of the month
What the cost recorded in the asset account would be : What the cost recorded in the asset account would be? Mobley Company purchased an asset with a list price of $35,000. Mobley received a 2% cash discount.
What amount will benton record for depreciation expense : The equipment costs 214,841.89. What amount will Benton record for depreciation expense on the equipment in the first year?
Make the consolidation adjusting journal entries for year : Make the consolidation adjusting journal entries for the year ended 30 June 2021 for the Shark Ltd group. Shark Ltd is the parent entity to the wholly owned.
What is the variable cost per minute : Problem - The phone bill for a company consists of both fixed and variable costs. What is the variable cost per minute
Find what do think about debitus policy in regard to sales : Debitus Publishing Inc. for first time. From financial reporting and ethical perspectives, what do you think about Debitus's policy in regard to sales returns?
What are the roles of reviewers in the grant process : What things make the reviewers' jobs difficult?
Type of decision making : In an individual is loyal to be a particular store he would probably follow type of decision making
Prepare a statement of changes in equity for the year dec : Make a statement of changes in equity for the year ended December 31, 2020, as well as the shareholders' equity section of the Rainy Day Umbrella Corporation

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

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

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

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 and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd