<span>c. actual usage of material exceeds the standard material allowed for output.</span>
Answer:
ii) Average revenue equals $10
Explanation:
A perfectly competitive market is where there are many buyers and sellers of homogenous goods. They are price takers. Price = marginal cost = marginal revenue = average revenue
Total revenue = price × quantity sold
$500 = price × 50
Price = $10
Average revenue = Total revenue / output
$500 / 50 = $10
Answer:
The correct answer is (C)
Explanation:
Generally the common stocks worth per share is normally a limited quantity, for example, $0.05 or $0.01 and it has no association with the market estimation of the price of stock. The standard worth is once in a while referred to as the regular stocks. The par value has no connection with the price of the stock.
Answer: the same interest income is reported each year
Explanation:
The straight-line amortization method is a simple way to amortize a bond as an equal amount of interest are allocated over every accounting period.
When using straight line amortization on premium bonds, the same interest income is reported each year. Therefore, option A is the best answer.
Answer: The correct option is C. nonroutine situation in which employees must search for alternative solutions.
Explanation: First we shall define a programmed decision.
A Programmed Decision is a routine or repetitive decision that can be handled by established business rules or procedures. Programmed decisions do not usually require much consideration or deliberation, and they can easily be automated so as to ensure consistency and also save time for decision makers.
From the explanation above, we can see that Programmed decision are routine and decision makers do not have to seek alternatives, they just have to follow the set rules and procedures.
Therefore, a nonprogrammed decision will be the direct or exact opposite.
Meaning that a nonprogrammed decision is not a routine situation, and it will need workers to think outside the box and seek alternatives to solving problems.
