High-low method diamond inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. the data for various levels of production are as follows:
units produced total costs
12,000 $424,000
15,000 496,000
21,000 640,000
(a). determine the variable cost per unit and the total fixed cost. variable cost (round to two decimal places.) $ per unit
total fixed cost $
(b). based on part (a), estimate the total cost for 17,000 units of production. total cost for 17,000 units $

What is the present value of the following cash flow stream at a rate of 12.0%? years: 0 1 2 3 4| | | | |cfs: $0 $1,500 $3,000 $4,500 $6,000a. $9,699b. $10,210c. $10,747d. $11,284e. $11,849

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.