Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. own interest and training level. the cost of the f

own interest and training level. The cost of the fitness trainers is $600 per month...

50.1K

Verified Solution

Question

Accounting

own interest and training level. The cost of the fitness trainers is $600 per month and $30 per class taught. Last month, 100 classes were taught.
Required:
Develop a cost equation for total cost of labor.
Total labor cost = $ per class taught
What was total variable labor cost last month?
What was total labor cost last month?
$
What was the unit cost of labor (per class) for last month?
q, per class
What if Callie increased the number of classes offered by 50 percent?
a. What would be the total labor cost?
b. The unit labor cost? If required, round your answer to the nearest cent.
q, per class
c. Why did the unit labor cost decrease?
Because the fixed cost per unit goes down.
image

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

Statistics
1.2K views

Compare maximax, and minimax regret modeling options in a decision making process.

Chemistry
1.2K views

Calculate the pH of a buffer solution that contains 0.71 M NaH2PO4 and 0.12M Na2HPO4. I got the...

Biology
1.2K views

origin of the earth earliest known solid crust origin of life earliest know fossils 2...

Physics
1.2K views

E ax 2 E E Problem 1 The electric field components in Fig 3 26...

Geometry
1.2K views

15 13 51 Find the value of x 6x 3 4x2 2x 1 110 6x...

Geometry
1.2K views

What is m2 TRU U mZTRU R 125 105 T S

Basic Math
1.2K views

The sum of three consecutive even integers is 36. Find the integers.8, 10, 1210, 12,...

Basic Math
1.2K views

A survey of 84 college students was taken to determine the musical styles they liked....

Algebra
1.2K views

Assuming that you could complete the activity at the same rate over different time periods...

Accounting
1.2K views

Sandco Industries, Inc. does business in Florida. It also has a wholly...

Accounting
1.2K views

hey

Finance
1.2K views

Explain the concept of interest rate parity. What does this concept imply about the long-run...