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!
Brisbane Indoor Sports, a sporting complex, has opening hours that fluctuate from month to month. The electricity costs and hours of operation for past six months is listed below:
Month Total hours of operation Total electricity cost
January 650 $ 4 240
February 700 $ 4 400
March 800 $ 4 800
April 600 $ 4 200
May 550 $ 3 700
June 500 $ 3 600
Required:
Question (a) Use the high-low method to estimate the cost behaviour for the complex's electricity costs, assuming that the variable costs vary in proportion to the hours of operation. Express the total cost behaviour in formula form (Y = a + bx). What is the variable electricity cost per hour of operation?
Question (b) During July, the complex will open for 570 hours. Predict the complex's total electricity costs for July using the cost estimation method employed in above requirement (a).
Question (c) What is the main drawback of the high-low method of cost estimation?
Describe the information asymmetry from the perspective of both sides, the adverse selection problems from the perspective of both sides
Assume a division of Hewlett-Packard currently makes 12,000 circuit boards per year used in producing diagnostic electronic instruments at a cost of $37 per board, consisting of variable costs per unit of $25 and fixed costs per unit of $12. Further ..
Recommend and defend a transfer price (market price, variable cost, or full cost plus profit) for the coal shipped by the mining subsidiary to the foundries.
place yourself in the position of an executive manager e.g. ceo cfo or coo of the home depot. further assume that you
What are the total manufacturing costs? Evaluating results against the plan is an example of which of the following management functions?
The Adams Corporation, a merchandising firm, has budgeted its activity for November according to the following information:
The annual sales budget shows forecasts for the different products and their expected selling price per unit as follows:
Calculate the Net Income, Annual Corportate Taxes and VAT (fiscal year 2018) of a Company located in Barcelona, Spain based on the information
Suppose a job required parts costing $200 and technician time costing $100.What would be the total cost of the job?
Discuss budgeting considerations. Include the organization's budget process, the organization's budget variances and discuss management decisions related
Compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method - Compute Costs per Equivalent Unit: FIFO Method
Write a management report to the Bank of Al Ain's senior Management outlining the Activity Based Costing model that you developed for the Bank
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