Answer:
The correct answer is B
Explanation:
Transactional relationships is the one which is defined as the nature which is optimized around the getting the most, which the person could exchange for little as possible. It is all about what the person can get and all about the person and not about the what you can give.
It is defined as the relationship which is emphasized by the buyers when the purchase is viewed as not so important to the goals or objectives of the business or organization.
Answer:The answer is 1 B, 2.the giving up of her $50,000 per year job as an accountant, 3.True
Explanation:
The opportunity cost can be define as a sacrifice whether on the side of an individual, a firm or government. The opportunity cost is the forgone alternatives in order to acquire a product or a services. To an individual, who aims at maximizing his utility from his limited available resources he will have to allocate these limited resources to those wants that are most important. Opportunity cost help an individual to make a judicious use of his scarce resources. .The opportunity cost is also important to a firm because the firm has to choose to allocate its limited available raw materials in the production of a particular product with high demand at the expense of other products with low demand in order to maximize profit.
The opportunity cost to the government is in the preparation of the budget, the government can decide to allocate the available resources to the sector of the economy which is of high priority such as education at the expense of other sectors of the economy.
Answer:
The correct answer is (c)
Explanation:
Bonds and stocks are used to generate financing. The city of Fargo has issued bonds to finance the construction of a new fire station. The bond is a type of debt funding and the premium must be transferred to a debt service fund. A debt service fund will be used to pay out the principal payments on those bonds.
Answer:
Taxable Income = $29,100
Explanation:
Itemized Deductions=$3000
Standard Deduction for head of household=$8500
Personal and dependency exemptions=2*3700=$7400
Taxable income=45000-7400-8500=$29,100
Answer:
Explanation:
Fixed cost per month Variable cost per well Revenue $4,700 Salaries and Wages $41,300 $1,000 Service Materials $600 Other Expenses $40,200 When the company prepared its planning budget at the beginning of May, it assumed that 29 wells would have been serviced. However, 31 wells were actually serviced during May. Prepare the Planning Budget, Flexible Budget and variance analysis for Cosden Corporation.
<u> Planning Budget Flexible budget variance- Fav/(Unfav)
</u>
Revenue 4700*29 4700*31 9400
= 136300 = 145700
Less:
Salaries and wages 41300+1000*29 41300+1000*31 (2000)
= 70300 = 72300
Service material 600*29 = 17400 600*31 = 18600 (1200)
Other expense 40200 40200 0
Profit 8400 14600 6200
