b) cost: () The following graph is given as an example of the cost characteristic of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
b) cost: () The following graph is given as an example of the cost characteristic of a variable V ii) cost REQUIRED: Prepare a graph for each of the following situations (NOTE: The shape of the graphs is more important than their detailed scaling): Rates of the factory premises for half a year costing £50,000. The company telephone account comprising of a quarterly charge of £100 and a cost per call of £0.40. Activity (i.e. output or usage) A quantity discount agreement: 5% discount when the monthly order exceeds £2,000 10% discount when the monthly order exceeds £5,000 20% discount when the monthly order exceeds £10,000 iv) A car hire agreement whereby there is: A minimum weekly charge of £50 A charge per mile of £0.10 A maximum weekly charge of £100 b) cost: () The following graph is given as an example of the cost characteristic of a variable V ii) cost REQUIRED: Prepare a graph for each of the following situations (NOTE: The shape of the graphs is more important than their detailed scaling): Rates of the factory premises for half a year costing £50,000. The company telephone account comprising of a quarterly charge of £100 and a cost per call of £0.40. Activity (i.e. output or usage) A quantity discount agreement: 5% discount when the monthly order exceeds £2,000 10% discount when the monthly order exceeds £5,000 20% discount when the monthly order exceeds £10,000 iv) A car hire agreement whereby there is: A minimum weekly charge of £50 A charge per mile of £0.10 A maximum weekly charge of £100
Expert Answer:
Answer rating: 100% (QA)
i Variable cost graph ii A combination of fixed cost and variable ... View the full answer
Related Book For
Integrated Accounting
ISBN: 978-1285462721
8th edition
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
Posted Date:
Students also viewed these accounting questions
-
As an example of the situation in Problem 176, Figure shows risk categories at the program, subsystem, and functional levels. Starting at the bottom, data are developed for five engineering...
-
The following graph is similar to that in Exhibit 17.4. Required Find the missing amounts: a. Industry volume variance. b. Actual industry volume. c. Budgeted market share. d. Budgeted industry...
-
As an example of a market that results from comparative advantage, consider the market for virtual currency. Firms in China pay workers (called gold farmers) to play the online game World of War...
-
Which of the below is the correct order of the consumption process? Question 2 options: Awareness; Thinking; Planning; Implementation/Action; Evaluation Evaluation; Thinking; Planning;...
-
If $ 9000 is invested at 8% interest, find the value of the investment at the end of 9 years if the interest is compounded. Annually_______ Monthly________ Daily___________ Continuously_____
-
One mole of an ideal gas is compressed isothermally but irreversibly at 130oC from 2.5 bar to 6.5 bar in a piston/cylinder device. The work required is 30% greater than the work of reversible,...
-
Explain why infinite dilution Fickian diffusivities for binary liquid systems are not equal, \(D_{\mathrm{AB}}^{\circ} eq D_{\mathrm{BA}}^{\circ}\)
-
Draft a quarterly cash budget for the Zoo Extravaganza (ZE) for the first two quarters of the coming year. Use just the information in this problem. 1. Interest is paid on the last day of the year...
-
Vide Corporation disclosed the following financial information (in millions) in its Year 2 annual report: Net sales: $80,000 Ending accounts receivable: $6,000 Ending Allowance for doubtful accounts:...
-
1. Using the data input provided (Exhibit 1), prepare LAFs master budgets in Excel. Do not hard-code numbers into the spreadsheet, except in the financing section of the cash budget. 2. Conduct a...
-
Gleason Company has developed the following standard cost data based on 60,000 direct labor hours, which is 75% of capacity. Fixed overhead is $360,000 and variable overhead is $180,000 at this level...
-
Find a solution to the equation 3x+9y=4. If necessary, enter your answers as decimals.
-
Hobbes, the stuffed tiger, has a mass of 31.8 kg. Calvin, the little boy, has a mass of 25.1 kg. In a game of football, Hobbes runs at Calvin at 11 m/s. Calvin is running in the same direction as...
-
On January 2, 2018, Paxter Company was granted a patent. Paxter appropriately capitalized the $60,000 of costs associated with acquiring the patent and estimated that its useful life would be 15...
-
1. List the main stages or considerations when designing a sports tourism strategy (5 Points) 2. For each item listed in question 1, provide a brief explanation in your own words why the stage is...
-
You stand on your skateboard and exert a 63 N push on the wall next to you. If your mass is 80 kg , you'll momentarily accelerate from the wall at about?
-
Consider the function in the graph to the right. The function has a relative maximum of at x = The function has a relative minimum of at x = The function is increasing on the interval(s): The...
-
The bookkeeper for Riley, Inc., made the following errors: a. A cash purchase of supplies of $357 was recorded as a debit to Supplies for $375 and a credit to Cash of $375. b. A cash sale of $3,154...
-
If the statement is true, write T in the space provided. If the statement is false, write F in the space provided. 1. The New menu command clears any existing data from memory in preparation for...
-
Explain how the Chart of Accounts button can be used while entering general journal transactions.
-
What is the purpose of the Inventory List report?
-
A small distillation column with a partial reboiler, a total condenser, and a liquid-liquid separator is separating \(100.0 \mathrm{kmol} / \mathrm{h}\) of saturated liquid feed that is \(19.0...
-
Estimate average particle diameter, mass transfer coefficients, and mixer stage efficiency for extraction of benzoic acid from water into toluene for Example 13-7. Example 13-7 Design a baffled...
-
List some qualities of a productive board meeting.
Study smarter with the SolutionInn App