Answer:
$0.1436
Explanation:
Given that,
$3,711 for 1,250 cases bottled
$3,790 for 1,800 cases bottled
Factory utility cost is a mixed cost containing both fixed and variable components.
Variable cost per unit:
= Difference in costs ÷ Difference in units
= ($3,790 - $3,711) ÷ (1,800 - 1,250)
= $79 ÷ 550
= $0.1436
Therefore, the variable factory utility cost per case bottled is closest to $0.1436.
Answer:
The correct answer is d.
Explanation:
The fallacy of composition consists in inferring that something particular is true, and that therefore it is also true about a whole, basing this only because it is true about one or more of its parts. For example, if we establish that a piece of metal can not break at high temperatures, therefore the machine of which it is part will not break at high temperatures.
Have a nice day!
Answer:
Security selection
Explanation:
Security selection is the process of choosing specific securities within a given asset class that individual can include in his portfolio . For an individual to make securities selections, he has to considers the risk, the return, the ethical implications, and other factors affecting both of the individual securities and the portfolio as a whole.
Answer:
66.7%
Explanation:
Given that,
Design capacity = 6 furnaces per day
Effective capacity = 5 furnaces per day
Efficiency ratio if it repairs an average of 4 furnaces per day:
= (Actual capacity ÷ Possible capacity) × 100
= (4 per day ÷ 6 per day) × 100
= 0.667 × 100
= 66.7%
Therefore, the efficiency ratio is 66.7 percent.
