Examlex

Solved

The Manager at Copley Mulch Has Been Trying to Calculate

question 290

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 square metres of mulch processed was highest in July, when the total monthly overhead costs totaled $6,000 for 25,000 square metres of mulch processed. The lowest number of square metres of mulch processed in the last twelve months occurred in October, when total overhead costs were $4,000 for 15,000 square metres of mulch processed. Use the high-low method to answer the following questions.
-What is the estimated monthly overhead expense at Copely Mulch if volume is expected to be 21,000 square metres of mulch?


Definitions:

Psychoanalyst

A professional in psychology who uses techniques from psychoanalysis (a therapeutic approach pioneered by Freud) to treat patients by exploring their unconscious motivations and childhood experiences.

Associations

The connection or relationship between thoughts, ideas, or concepts in the psychological context, often leading to the formation of memories or learned behaviors.

Client-Centered Therapy

A form of psychotherapy developed by Carl Rogers, emphasizing an empathetic, accepting, and genuine environment created by the therapist to facilitate the client’s growth and personal development.

Humanistic Psychologist

A psychologist who adopts an approach focusing on individual potential and stresses the importance of growth and self-actualization.

Related Questions