Examlex

Solved

Cardillo Inc

question 130

Multiple Choice

Cardillo Inc. ,an escrow agent,has provided the following data concerning its office expenses: Cardillo Inc. ,an escrow agent,has provided the following data concerning its office expenses:   Management believes that office expense is a mixed cost that depends on the number of escrows completed. Note: Real estate purchases usually involve the services of an escrow agent that holds funds and prepares documents to complete the transaction. Using the high-low method,the estimate of the fixed component of office expense per month is closest to: A) $9,606 B) $13,485 C) $13,181 D) $13,793 Management believes that office expense is a mixed cost that depends on the number of escrows completed. Note: Real estate purchases usually involve the services of an escrow agent that holds funds and prepares documents to complete the transaction.
Using the high-low method,the estimate of the fixed component of office expense per month is closest to:


Definitions:

Pain-Resistant Personality

Refers to an individual's ability to endure pain or adversity without showing physical or emotional suffering.

Conscientiousness

A personality trait marked by a tendency to be planful and goal-oriented, to delay gratification, and to follow norms and rules.

Periaqueductal Gray

An area of the midbrain that, when stimulated, decreases pain.

Dorsal Horn Neurons

are neurons located in the dorsal horn of the spinal cord, playing a crucial role in processing sensory information.

Related Questions