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12345 [234]
2 years ago
15

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative i

s a.product cost b.differential cost c.period cost d.discretionary cost
Business
1 answer:
krok68 [10]2 years ago
5 0

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative is differential cost.

<h3>What is Differential Cost?</h3>
  • Differential cost is the difference in costs between two possible decisions.
  • The expense arises when a company must choose between multiple similar choices and choose one while rejecting the others.
  • When faced with such circumstances, corporate executives must compare the costs and profits of each alternative to determine which is the most practical.
  • The expenses incurred to produce a product are referred to as its cost.
  • Direct labor, direct materials, consumable production supplies, and factory overhead are all included in these prices.
  • The cost of the labor necessary to provide a service to a customer can also be considered when calculating product cost.
  • In the latter scenario, all expenses associated with a service, such as compensation, payroll taxes, and employee benefits, should be included in the product cost.
  • Costs that cannot be recognized on a company's balance sheet are referred to as period costs.
  • In other words, they are recorded as an expense on the income statement in the period in which they are incurred. Some of the examples of Period cost are CEO salary, Marketing expense, selling, general and administrative expense.
  • If necessary, a business or household can live without a discretionary expense.
  • Nonessential spending is sometimes used to identify discretionary costs. This indicates that even if all discretionary consumer spending is stopped, a business or household can continue to function.

know more about Period cost brainly.com/question/13237619

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4) Identify five main advantages of outsourcing.
Andrei [34K]

Answer:

Outsourcing helps you:

1) Focus on core tasks.

2) Lower costs.

3) Promote growth.

4) Maintain operational control.

5) Offer staffing flexibility.

Explanation:

7 0
2 years ago
Which of the following best represents a "supply curve"?
mestny [16]

Answer:

I think the answer is B

Explanation:

if theres a drop in supply there will be a price change aswell, most of the time increases the price of products.

6 0
3 years ago
The current price on a 46-inch flat panel LCD HD television is $2,300. Big screen HD television prices have dropped at an averag
Alona [7]

Answer:

$1,776.06

Explanation:

The price of LED television after 3 years will be the equivalent of the current value of $2300 discounted at 9 % for 3 years.

The presented value will  FV/(1+r)n

PV =$2300

r=9%

n=3 years

PV=$2300 / (1+9/100)3

=$2300 / (1 + 0.09)3

=$2300/1.2950

=$1,776.06

8 0
4 years ago
In​ March, 2006 the labor department of the country of Jobland determined that the size of the labor force was 100 million out o
Lubov Fominskaja [6]

Answer:

a). Unemployment rate in March=8%

b). Unemployment rate in April=9.4%

Explanation:

a).

The unemployment rate can be expressed as;

R=P/L

where;

R=unemployment rate

P=number of unemployed persons

L=labor force

In our case;

R=unknown

P=number of unemployed persons=labor force-number of employed persons

P=100-92=8 million

L=100 million

replacing;

R=8/100=0.08×100=8%

The unemployment rate in March=8%

b).Unemployment rate for April

Unemployment rate={(total unemployed+discouraged workers)/(labor force+discouraged workers)}×100

total unemployed=8 million

discouraged workers=1.5 million

labor force=100 million

replacing;

Unemployment rate=(8+1.5)/(100+1.5)=(9.5/101.5)×100=9.4%

Unemployment rate in April=9.4%

6 0
3 years ago
The five key components of the marketing plan are
olga nikolaevna [1]

Answer: Option B

Explanation: Marketing plan refers to the plan made by the senior managers of an organisation that depicts the marketing strategy to be used by the company in the coming period. This is a flexible plan and is made for generally a period of 12 months.

This, plan consist of of all the factors that are essential for positive marketing. It outlines the execution procedure and the various analysis required. It also includes the financial and controlling procedures to be used.

Hence, we can conclude that the right answer is option B.

4 0
3 years ago
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