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Exam (elaborations)

Act chapter 3 equation problems With Correct Question And Answers

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Act chapter 3 equation problems With Correct Question And Answers

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Act chapter 3 equation problems With
Correct Question And Answers

Purchasing Costs = $41,327 + $38 * Number of Purchase Orders Issued. If Fashion Fling issues 780 purchase
h h h h h h h h h h h h h h h h h




orders,what would be total purchasing costs? - -70,967
h h h h h h h h




-41,327 + (38 x 780) h h h h




Purchasing Costs = $28,919 + $37 * Number of Purchase Orders Issued. If Fashion Fling issues 678 purchase
h h h h h h h h h h h h h h h h h




orders, what would be the total fixed costs of purchasing? - -$28,919
h h h h h h h h h h h h




Total utility cost = $1,200 + ($8.10 × labor hours)
h h h h h h h h h




Assume that 775 labor hours are budgeted for the month of April. Calculate the total utility cost for the
h h h h h h h h h h h h h h h h h h




month of April. - -$7,744.50
h h h h h




-1,200 + (8.10 x 775)
h h h h




Maintenance Costs = $243,969 + $118 * Number of Heart Stents. If Alisha manufactures 56,959 stents, what
h h h h h h h h h h h h h h h h




would be the variable cost per unit? - -$118
h h h h h h h h h




Coefficients shown by a regression program are: h h h h h h




Intercept 1,150 h




X Variable 1 9.06
h h h




Using the results of regression, calculate the variable rate of maintenance cost. - -$9.06 per hour
h h h h h h h h h h h h h h h




Coefficients shown by a regression program are: h h h h h h




Intercept 1,150 h




X Variable 1 9.06
h h h

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