Answer:
The correct answer is the option D: strongly correlated with the degree to which the industry's driving forces make it harder or easier for the new entrants to be successful.
Explanation:
To begin with, the entry of new competitors to the industry is regulated upon many factors that tend to make the procedure more or less difficult. Moreover, the entrance of the new companies will generate a change in the industry depend if the barriers are high or low and therefore that in certain industries the driving forces will complicate as much as they can the entrance due to the fact that there are few competitors already in the industry or because there are possession of special supplies and that is strongly correlated to the strength or wearkness of the potential entry of rivals at the industry.
GREEN PRESSURE. In 2020, consumers move from eco-status to eco-shame.
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CIVIL MEDIA.
Answer:
Explained.
Explanation:
Joe being the lead accountant for his company so, he prepares the financial reports.
Joe made mistakes in financial report making his manager angry because the resources at the Joe's company are limited and financial report that are timely and reliable would have helped the company to attract some financial investment.
Answer: $2500
Explanation:
From the question,
Average variable cost(AVC) = $50
Average total cost (ATC) = $75
Output (Q) = 100
Since Average fixed cost is the difference between the average total cost and the average Variable cost. This will be:
AFC = ATC - AVC
AFC = $75 - $50
AFC = $25
We should note that:
AFC = TFC / Q
TFC = AFC × Q
TFC = $25 × 100
TFC = $2500
Therefore, total fixed cost is $2500
Answer:
Fixed cost is the one which remains fixed and doesn't changes within a range of level of activity changes which includes Factory property taxes (doesn't changes with furniture manufacturing), accounting staff salaries (doesn't changes with furniture manufacturing), sales office rent (doesn't changes with furniture manufacturing), Sales manager salary and Depreciation on factory equipment.
On the other hand, the variable cost changes with the change in the level of activity and this includes fabric for seats (greater usage for greater amount of seats), assembly labor and sales commissions paid.
Period cost is the cost that is associated with the passage of time and increases with the passage of time and is not dependent on level of activity.
This includes Factory property taxes, accounting staff salaries, sales office rent, Sales manager salary and Depreciation on factory equipment.
Product cost is the cost that is associated with costs that are directly linked with manufacturing of the product. This includes all the variable overheads, specific fixed cost and variable costs. The examples include Fabric for seats and Assembly labor.
