Need help answering A. The answer in there right now is incorrect.
Estimate on the basis of last month’s data = Fixed costs + Variable cost last month*Service hours this month/Service hours last month
= 7100+3858*440/295
= $12,854.3051
I.e. $12,854
Note: Fixed costs do not change with change in the level of activity
Need help answering A. The answer in there right now is incorrect. Charlene is the owner...
Charlene is the owner of Charlene's Computer Care (3C) and has been in the business of servicing computers and computer systems at affordable prices for just over five years. 3C's primary clients are local businesses but include some residential customers. Their advertised approach is to analyze the problem, develop a range of IT options, explain their specific recommendation to the customer, and finally estimate the time and costs associated with the service prior to commencing work. Their approach has proven...
Charlene is the owner of Charlene's Computer Care (3C) and has been in the business of servicing computers and computer systems at affordable prices for just over five years. 3C's primary clients are local businesses but include some residential customers. Their advertised approach is to analyze the problem, develop a range of IT options, explain their specific recommendation to the customer, and finally estimate the time and costs associated with the service prior to commencing work. Their approach has proven...
Charlene is the owner of Charlene's Computer Care (3C) and has been in the business of servicing computers and computer systems at affordable prices for just over five years. 3C's primary clients are local businesses but include some residential customers. Their advertised approach is to analyze the problem, develop a range of IT options, explain their specific recommendation to the customer, and finally estimate the time and costs associated with the service prior to commencing work Their approach has proven...
Charlene is the owner of Charlene's Computer Care (3C) and has been in the business of servicing computers and computer systems at affordable prices for just pver five years. 3C's primary dients are local businesses but include spme residential customers. Their advertised approach is to analyze the problem, develop a range of IT options, explain their specific recommendation to the customer, and finally estimate the time and costs associated with the service prior to commencing work. Their approach has proven...
Charlene is the owner of Charlene's Computer Care (3C) and has been in the business of servicing computers and computer systems at affordable prices for just over five years. 3C's primary clients are local businesses but include some residential customers. Their advertised approach is to analyze the problem, develop a range of IT options, explain their specific recommendation to the customer, and finally estimate the time and costs associated with the service prior to commencing work. Their approach has proven...
Charlene is the owner of Charlene’s Computer Care (3C) and has been in the business of servicing computers and computer systems at affordable prices for just over five years. 3C‘s primary clients are local businesses but include some residential customers. Their advertised approach is to analyze the problem, develop a range of IT options, explain their specific recommendation to the customer, and finally estimate the time and costs associated with the service prior to commencing work. Their approach has proven...
Charlene is the owner of Charlene’s Computer Care (3C) and has been in the business of servicing computers and computer systems at affordable prices for just over five years. 3C‘s primary clients are local businesses but include some residential customers. Their advertised approach is to analyze the problem, develop a range of IT options, explain their specific recommendation to the customer, and finally estimate the time and costs associated with the service prior to commencing work. Their approach has proven...
To estimate the parameters of this cost function, the accountant first studied the behavior of last month's costs, when the company spent 318 service hours repairing 45 computer systems. Here are the results of her analysis: Cost Item Fixed Cost Variable Cost Utilities $229 $149 Office rent $3,819 $0 Administration $3,249 $165 Supplies $0 $3,437 Training $350 $308 Total $7,647 $4,059 Concerned that last month may not have been a typical month and her breakdown of fixed and variable costs...
please help
1. Mike K. provides consulting and tax preparation services to clients. Mike charges a fee of $100 per hour for each service and can devote a maximum of 4,000 hours annually to his clients. He reported the following revenues and expenses for 2014: $400,000 Revenue Expenses (all overhead): Secretarial support Supplies Computer costs Net income $84,000 72,000 48.000 $196,000 Being an accountant, Mike kept good records of the following data for 2014: Revenues Direct labour hours Tax Preparation...
please do B
1. Mike K. provides consulting and tax preparation services to clients. Mike charges a fee of $100 per hour for each service and can devote a maximum of 4,000 hours annually to his clients. He reported the following revenues and expenses for 2014: $400,000 Revenue Expenses all overhead): Secretarial support Supplies Computer costs Net income $84,000 72,000 48.000 $196,000 Being an accountant, Mike kept good records of the following data for 2014: Revenues Direct labour hours Tax...