Changing the Cost Formula for a Month to the Cost Formula for a Year During the past year, the high and low use of three different resources for Fly High Airlines occurred in July and April. The resources are airplane depreciation, fuel, and airplane maintenance. The number of airplane flight hours is the driver. The total costs of the three resources and the related number of airplane flight hours are as follows: Required: If required, round calculations and answers to nearest dollar. Develop an annual cost formula for airplane depreciation. Total annual cost of airplane depreciation = 12 x ($18) Develop an annual cost formula for fuel. Total annual cost of fuel = $ 1U, Develop an annual cost formula for airplane maintenance. Total annual cost of airplane maintenance = (12 x $16, !) + ($297) Using the three annual cost formulas that you developed, predict the cost of each resource in a year with 487,000 airplane flight hours. Total annual cost of airplane depreciation $ 18, Incorrect Total annual cost of fuel $ 4, 9! Total annual cost of airplane maintenance $
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Business, 21.06.2019 14:20, demetriascott20
Xt year baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. this incentive will be provided in addition to the annual raise, if productivity goals are reached. assuming the goals are reached, how much will baldwin pay its employees per hour?
Answers: 2
Business, 22.06.2019 06:30, hannahroswall1
Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances
Answers: 1
Changing the Cost Formula for a Month to the Cost Formula for a Year During the past year, the high...
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