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jadenhaslam
05.10.2019 •
Business
Rooney computer services, inc. has been in business for six months. the following are basic operating data for that period: month july aug. sept. oct. nov. dec. service hours 112 136 262 420 316 324 revenue $ 6,608 $ 8,024 $ 15,458 $ 24,780 $ 18,644 $ 19,116 operating costs $ 4,210 $ 5,240 $ 7,190 $ 11,130 $ 9,130 $ 10,590 required what is the average service revenue per hour in each month and the overall average for the six-month period? use the high-low method to estimate the total monthly fixed cost and the variable cost per hour. determine the average contribution margin per hour.
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Ответ:
The total monthly fixed cost and the variable cost per hour is $1692.60 and $22.47
the average contribution margin per hour is $36.53
Explanation:
The computation of the variable cost and fixed cost is shown below:
The computation of the variable cost per unit is shown below:
= (High operating cost - low operating cost) ÷ (High service hours - low service hours)
= ($11,130 - $4,210) ÷ (420 - 112)
= $6,920 ÷ 308
= $22.47
And, the fixed cost equals to
= High operating cost - (High service hours × variable cost per hour)
= $11,130 - (420 × $22.47)
= $11,130 - $9437.40
= $1692.60
And the average contribution margin per hour equals to
= Revenue per hour - variable cost per hour
= $59 - $22.47
= $36.53
The revenue per hour = Revenue ÷ service hours = $6,608 ÷ 112 = $59
Ответ:
Explanation:
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