Answer:
True
Explanation:
interactive voice response (IVR)directs customers to use touch tone phones or keywords to naviate to porvide information
Answer:
C. reward innovation and hard work of inventors
Explanation:
A patent is a right granted to an inventor by the federal government that permits the inventor to exclude others from making, selling or using the invention for a period of time. It helps to reward innovation and hardwork
Answer:
B. Units transferred to the next department × Cost per equivalent unit
Explanation:
Cost per equivalent unit refers to the cost of each completed unit possible.
As there is not only the units which are complete, but newly introduced and those in work in progress, and therefore, the cost of each equivalent unit is calculated so that it computes the cost for each unit.
Accordingly, all the units which are completed and transferred to another department are complete and the equivalent cost of completion of each unit shall be allocated to those units.
Therefore, correct option is:
Option B.
It would maybe be copyrighted, so you can try and change it a little and see what happens. It depends.
Answer:
d) partly a variable cost and partly a fixed cost.
Explanation:
CVP income statement is also known as cost volume profit income statement, it is generally a product of CVP analysis and it include five elements:
- Price of products.
- Volume of activity.
- Variable cost per unit.
- Total fixed cost.
- Mix of product sold.
CVP analysis are conducted to know how changes in cost and volume would impact company´s operating income and net income. It require all the cost of company should be segregated into variable and fixed cost. It also calculate contribution margin, which help to identify the profit of company before deducting fixed cost.