Calculate the Variable and Fixed cost using the high low method. Total costs Total Miles January $70,000.00 2,000 Feb. $100,000.00 5,000 March $78,000.00 2,500 April $85,000.00 2,700 May $90,000.00 4,000 A) What is the variable costs per mile? Total costs Total Miles High Month $100,000.00 5,000 Low Month $70,000.00 2,000 Difference $30,000.00 3,000 V. C. = B) What is the fixed cost per month? High Low Total Costs $100,000.00 70,000 Less Variable Costs 50,000 20,000 = Fixed Costs $50,000.00 50,000 C) What is the relevant range? D) What is the cost formula? E) What is the predicted total costs for 3,000 miles?

You are at a holiday dinner with your family. your relative makes the argument that the u. s. economy is resurgent and has recovered from the great recession of 2007 – 2009. economic growth, as measured by gdp, has been increasing from one quarter to the next. you beg to differ. how would you structure your argument with your relative? hint: you should think about two things, the accuracy of gdp measures, and whether gdp should be considered a comprehensive measure of a countries well-being.

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.