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Alenkinab [10]
2 years ago
6

True or false: If the steps in a step-variable cost behavior pattern are large, the step-variable cost function may be approxima

ted by a variable cost function without must loss in accuracy.
Business
1 answer:
Hitman42 [59]2 years ago
6 0

The statement in the question is : FALSE

<h3>What is a step-variable cost ?</h3>

A step variable cost is a type of cost that varies with the level of activity, but is incurred at discrete points and it involves large changes. Hence If the steps in a step-variable cost behavior pattern are large, the step variable cost function cannot be approximated by a variable cost function without loss in accuracy because  the variable cost behavior pattern is directly proportional to the variable cost function.

Hence we can conclude that The statement in the question is : FALSE

Learn more about step-variable cost : brainly.com/question/17061986

#SPJ1

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Ivanhoe Company purchased merchandise inventory with an invoice price of $10200 and credit terms of 2/10, n/30. What is the net
Zanzabum

The net cost of the goods if Ivanhoe Company pays within the discount period will be $9,996.

<h3>What does the credit score time period 2/10 N 30 mean?</h3>

2/10 Net 30 refers back to the trade credit presented to a consumer for the sale of products or services. 2/10 net 30 methods that if the quantity due is paid within 10 days, the consumer will revel in a 2% discount. Otherwise, the quantity is due in complete within 30 days.

As per information, 2% of 10,200 is equal to $204. The net cost of goods to be paid will be equal to

$10,200 - $204 = $9,996

Therefore, The net cost of the goods, if Ivanhoe Company pays within the discount period, will be $9,996.

Learn more about 2/10 N 30:

brainly.com/question/24086159

#SPJ1

7 0
2 years ago
Discuss ONE of the components of job analysis.​
levacccp [35]

Answer:

having fun

Explanation:

thank you have fun I'm stuck on the same one

3 0
3 years ago
Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 30 chicken breasts per hour, while Tom
vodka [1.7K]

Answer:

Their average hourly productivity as a team for chicken breasts will be

45.

Explanation:

Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.

Mike debones 30 chicken breasts,

Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work

So, Tom allows Mike to debone only 60 chicken breasts per hour.

Now its mentioned that both Tom and Mike had worked 40hrs per week.

So, their average hourly productivity as a team will be:

                 frac\ {{30} +{60}} {2}

                    ⇒ 45

So, their average hourly productivity as a team for chicken breasts will be 45.

7 0
3 years ago
Crane Corporation's computation of cost of goods sold is:
slava [35]

Answer:

16.64 days

Explanation:

Given the above information, we will calculate the average days to sell inventories with the formula below;

Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100

Ending inventory = $72,000

Cost of goods sold = $432,800

Then, Average days to sell inventories

= [$72,000 / $432,800] × 100

= 16.64 days

Therefore, the average days to sell inventory for Fry are 16.64 days

5 0
3 years ago
What is the formula managers use to calculate their other expense costper guest? other expense (x) number of guests served = oth
Mariulka [41]
<span>
other  expense cost per guest n</span>umber of guests served <span>(÷) other expense =</span>
5 0
4 years ago
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