Costs of operating the helpline

Assignment Help Accounting Basics
Reference no: EM13151920

Mire Corporation staffs a helpline to answer questions for customers. The costs of operating the helpline are variable with respect to the number of calls in a month. At a volume of 29,000 calls in a month, the costs of operating the helpline total $171,000. To the nearest whole cent, what should be the average cost of operating the helpline per call at a volume of 27,500 calls in a month (Assume that this call volume is within the relevant range.)

Reference no: EM13151920

Questions Cloud

Find a symmetric nash equilibrium in mixed strategies : The payoff to a company that enters is its gross profit minus its entry cost, while the payoff to a company that does not enter is 60. Find a symmetric Nash equilibrium in mixed strategies.
The difference between positive and negative control : Explain the difference between positive and negative control over transcription. Why is it advantageous for the lac operon in E. coli to be under both positive and negative control? What would happen if only negative control occurred? What would h..
Compute the new break-even point : Compute the new break-even point. What strategies might Boing use to help assure profitable operations in light of increases in variable costs?
Describe the various strategies for the excretion : Describe the various strategies for the excretion of nitrogenous wastes employed in higher animals (chordates), both human and non-human.
Costs of operating the helpline : Mire Corporation staffs a helpline to answer questions for customers. The costs of operating the helpline are variable with respect to the number of calls in a month.
How many grams of methane must be combusted : How many grams of methane must be combusted to heat 1.15 of water from 26.0 to 87.0, assuming as a product and 100% efficiency in heat transfer?
Example of expense in respect of decedent : An example of an expense in respect of a decedent is the state income taxes attributable to the taxpayer's last paycheck, uncollected at death.
What level of output should you produce : What level of output should you produce in the short run?b. What price should you charge in the short run?
Explain linear fit for independent variable observed : The independent variable observed, and y, the independent variable predicted) and are assumed to be normally distributed with mean = 0 and 2 variance how good is the linear fit?

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Earnings per common share amounted

At December 31, 2010 and 2009, Glass Corp, had 120,000 shares of common stock and 10,000 shares of 5%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2010 or 2009. Net i..

  Amount of the stock dividend of merino corporation

Merino Corporation issued a 4 percent stock dividend on 30,000 shares of its $10 par common stock. At the time of the dividend, the market value of the stock was $25 per share.

  Describe the effect of inaccurate standard costs

What are some advantages and disadvantages of standard costs? How do managers determine what the standard cost should be? Describe the effect of inaccurate standard costs on financial reporting.

  Find gain in the year the involuntary conversion occurred

on an involuntary conversion in which the taxpayer does not buy replacement property within the replacement period the gain on the involuntary conversion and any tax due must be reported.

  What is the journal entry needed to record the payment

On March 17, Grady Company agrees to accept a 60-day, 9%, $10,200 note from Alert Company to extend the due date on an overdue account. What is the journal entry needed to record the payment of the note by Alert Company on the maturity date?

  Which audit procedure is effective in testing credit sale

Which audit procedure is most effective in testing credit sales for overstatement?

  Function of indicating credit approval

For most firms, the function of indicating credit approval is recorded on the:

  Cost of the securities

Decker Corporation purchased 1,000 shares of Kent common stock at $75 per share plus $3,000 brokerage fees as a short-term investment. The shares were subsequently sold at $80 per share less $3,400 brokerage fees.

  Influences of competitors-costs-customers

Major influences of competitors, costs, and customers on pricing decisions are factors of: (a) supply and demand (b) activity-based costing and activity-based management

  Determination of net income of the combined corpation

Which of the following expenses related related to effecting the business combination should enter into the determination of net income of the combined corpation for the period in which the expense are incurred?

  Investment using the equity method

What amount of unrelaized gross profit must Panner defer in reporting this investment using the equity method?

  Reporting the interest revenue

The cash selling price of the equipment is $5,174,552, which is equal to the present value of the lease payments at 8%. Marshall purchased the equipment for $4,300,000.For 2011, Marshall should report interest revenue of ?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd