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