Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a. what are the total fixed costs of the company?

a. What are the total fixed costs of the company? Hint: Only two of the...

50.1K

Verified Solution

Question

Accounting

image
a. What are the total fixed costs of the company? Hint: Only two of the costs listed are variable.
212953
b. What is the average variable cost of the company? Hint: Only two of the costs listed are variable.
28.7
c. What is the hourly rate for commercial data analysis services?
800
d. Assume there is an average of 200 hours of intra-company sales each month. How many hours of commercial sales would be required for the data analysis division to break even?
e. Assume there is an average of 120 hours of commercial sales each month. Suppose Cornerstone instituted a $200 price increase for the commercial hourly rate and it resulted in a drop of commercial sales to an average of 98 hours per month. What is the implied absolute value of the price elasticity of demand for commercial sales?
The following data are from Cornerstone Consulting (the name has been changed but tata analysis services. Cornerstone provides both is services. The strategic consulting group uses the hose items are labeled as intra-company sales and immercial sales and commercial hours are data tside clients. All data analysis services are sold by the ustomers. de any commas or dollar signs. Round answers to

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Brand Quality Rating Satisfaction Rating Acura 86 822 Audi 111 832 BMW 113 845 Buick 114 807 Cadillac 111 818 Chevrolet 111 789 Chrysler 122 748 Dodge 130 751 Ford 93 794 GMC 126 792 Honda 95 766 Hyundai 102 760 Infiniti 107 805 Jaguar 130 854 Jeep 129 727 Kia 126 761 Land Rover 170 831 Lexus 88 822 Lincoln 106 820 Mazda 114 774 Mercedes-Benz 87 837 Mercury 113 769 Mini Cooper 133 815 Mitsubishi 146 767 Nissan 111 763 Porsche 83 882 Ram 110 780 Scion 114 764 Subaru 121 755 Suzuki 122 750 Toyota 117 750 Volkswagen 135 797 Volvo 109 795 Each year a market research company surveys new car owners 90 days after...

Statistics
Q

True or False 1. Zaitzeff's rule is usefull for predicting the regiochemistry of electrophilic addition reaction ? 2....

Chemistry
Q

Charlie kicks a soccer ball up a small incline. On the way up, ball's acceleration has...

Physics
Q

Materials Science: Composites (Chapter 16) How do we predict the stiffness and strength of the various types...

Physics
Q

why is important to consider matching in the design of a ring oscillator? What if one...

Electrical Engineering
Q

During steps 6 and 7 of glycolysis, where does the energy come from to create...

Biology
Q

Find the values of the trigonometric functions of the angle (in standard position) whose terminal...

Basic Math
Q

23 What is the period of the graph of y csc x A 2 B...

Calculus
Q

Let x 2 3 4 and y 6 8 9 be vectors in R Using...

Algebra
Q

Income Statement for the year 2019 Covid Company showed : Rent expense $80,000, Salary expense...

Accounting
Q

1. Describe what a positive theory is, and give an example of your own). (3...

Accounting
Q

Morgan, Inc. has 4.00% per annum coupon bonds outstanding. The bonds have twelve years left...

Finance