The Manager at Copley Mulch Has Been Trying to Calculate

question 104

Multiple Choice

The manager at Copley Mulch has been trying to calculate the portion of the company's overhead expenses that is fixed and the portion that is variable.Over the past twelve months,the number of yards of mulch processed was highest in July,when the total monthly overhead costs totaled $6,000 for 25,000 yards of mulch processed.The lowest number of yards of mulch processed in the last twelve months occurred in October,when total overhead costs were $4,000 for 15,000 yards of mulch processed.
-What was the variable cost per yard?

• A)$5.00
• B)$0.20
• C)$0.24
• D)$0.27

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Definitions:

Gold

A chemical element with the symbol Au (from Latin: aurum) and atomic number 79, valued for its rarity, malleability, and as a monetary standard.

Elemental Symbol

A one or two-letter abbreviation assigned to each chemical element based on its name, often derived from its name in Latin.

Lead

A heavy, malleable, ductile metal with a low melting point, often used in batteries and protective shielding.

Elemental Symbol

A notation consisting of one or two letters representing a chemical element (e.g., "O" for oxygen, "Fe" for iron).