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Customary units of volume

Updated: 4/28/2022
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Decibels are the customeary unit, The equipment that produce volume would be rated in Watts

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Q: Customary units of volume
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How do you convert customary units?

United States customary units (U.S. customary units) are a system of measurements commonly used in the United States since it was formalized in 1832. The United States customary system (USCS or USC) developed from English units which were in use in the British Empire before the U.S. became an independent country. The United Kingdom's system of measures was overhauled in 1824 to create the imperial system, which was officially adopted in 1826, changing the definitions of some of its units. Subsequently, while many U.S. units are essentially similar to their imperial counterparts, there are significant differences between the systems.


What should you do to change a value in SI units to a value in US customary units?

Use a conversion factor


What is the customary unit?

A customary unit is the unit of measurement that is used in the United States. It measures feet, yards, inches, pounds, pints and many more.


How is high low method of cost estimation utilized?

The high-low method of cost estimation is used in managerial accounting as a way to estimate variable and fixed cost rates for a specific cost (e.g. electricity bill). It utilizes information on costs from previous years of operation and takes the cost for the year with the highest volume and the cost of the year with the lowest volume and finds the slope between the two. This slope will then become your 'per unit variable cost' for the cost item. By writing the slope in y=mx+b form where y is your total cost, x is your production amount, and m being the slope (variable cost), you can then find the variable and fixed (represented by b) cost portions. The advantage of this method is that it is easy to use and implement by managers. However, the method ignores the accuracy available with the data points from several years and attempts to summarize the cost behaviour of the cost item using just two year's costs (the year with the highest volume and the year with the lowest volume) Here is an example concerning the electricity bill in a factory: Year | Units Produced | Bill Cost 2000 | 50 units | $100 2001 | 67 units | $130 2002 | 20 units | $70 2003 | 120 units | $200 2004 | 88 units | $104 2005 | 112 units | $93 Under this situation, we take the year 2003 as our 'high' since it has the highest production volume and the year 2002 as our 'low' since it has the lowest production volume. By taking the slope of change in cost / change in unit volume, we get $130/100 units. Therefore our slope (variable cost) is $1.30 per unit produced. Plugging this value into either the 2002 or 2003 data, we find that $200 = $1.30(120 units) + b where b = $44. Therefore, using the high low method, we conclude that from the above situation, the electricity cost behaviour has a fixed cost of $44 and a variable cost of $1.30 per unit produced.


What are the four units the Finance Administration Section may staff?

The four units the Finance Administration may staff are Procurement Units, Cost Units, Time Units, and Compensation/Claims Units. The are created based on need.