Answer:
$1.2 per mile
Explanation:
Computation of the variable cost per mile using the high-low method
Using this formula
Variable cost per mile = (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)
Let plug in the
Variable cost per mile= (14,721 - 13,503)/(8,510 - 7,495)
Variable cost per mile= 1,218/1,015
Variable cost per mile=$1.2 per mile
Therefore the Variable cost per mile will be $1.2 per mile.
Answer: (B) The total product offering
Explanation:
According to the question, Darius is evaluating the total offering of the products by comparing each products such as bedside table, beds and the dresses with the other brands.
By comparing one brand with the other brands, he evaluating the products price, warranty and the reputation.
The total product offering is basically defined as the amount of the total products offered as the final output. The consumers are evaluating each product before busying the product.
Therefore, Option (B) is correct.
You’ll have to pay 27,300 in total, and 21,300 more than the local
Answer:
d. Reduce average Inventory
Explanation:
Inventory turnover ratio represents how quickly an entity's inventory is converted into sales and cash is generated.
Inventory turnover in days is computed as;
= 
Inventory turnover ratio can be computed as:
= 
Average stock = 
wherein, Op stock = Opening stock
Cost of Goods Sold = Sales - Gross Profit
A reduction in the average inventory level would increase the inventory turnover ratio, and thus reduce the inventory conversion period from 80 days to a lower level.
Answer:
Pharaoh will reduce its cash balance by $1,130
None of the answer options was correct, maybe something was missing in the question like notes collected or other NSF checks.
Explanation:
Pharaoh Company's bank reconciliation:
balance per bank account $23,700
- outstanding checks ($4,800)
+ deposits in transit $7,750
<u>- NSF checks ($500) </u>
total $26,150
<u>- cash balance per books ($27,280)</u>
difference ($1,130)
In order to reconcile the bank account, we do not consider any bank service fees because they are already included in the bank balance. What we must consider are the NSF checks that we deposited and thought were good checks, but instead they bounced.
