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Over [174]
3 years ago
12

Advances in technology are constantly changing how people work and conduct business. true or false

Business
2 answers:
Evgen [1.6K]3 years ago
8 0
TRUE. Advances in technology are constantly changing how people work and conduct business.

With the advancement of technology, people are adjusting to maximize the benefits they get from said advances. 

For example, before the creation of cellular phones, the means of communication were through mailed letters and telegraphs, then it evolved to land lines, beepers, cellular phones, and finally, the internet (skype, ym, im,etc.)
lisabon 2012 [21]3 years ago
5 0

Answer:

true

Explanation:

technology changes everyday and so does the workplace

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Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
MakcuM [25]

Answer:

Explanation:

Given that the relevant range of production is 500 units to 1,500 units, the cost elements are fixed and variable. All the items listed will change as a result of  a 5% increase in sales, only the fixed expense will not be affected when the activity level changes from 1000 units to 1050 units.

The 1050 units represents the units sold where there is a 5% increase.

= 1000 × 1.05 = 1050 units

As such,

Sales (1050 units) = 1050/1000 × $80,000 = $84,000

Variable expenses (1050 units)  = 1050/1000 × $52,000 = $54,600

As such, If the company sells 1050 units

                                     Amount in $

Sales                                 84,000

Variable expenses           <u>(54,600)</u>

Contribution margin          29,400

Fixed expenses               <u>(21,840)</u>

Net operating income       <u>7,560 </u> 

Estimated percent increase in net operating income = (7560 - 6,160)/6,160 × 100%

= 1,400/6160 × 100%

= 22.73%

4 0
3 years ago
Rios Corporation reports costs for the year as​ follows: Direct Materials Used $ 795 comma 000 Wages to Line Workers 270 comma 0
Pavlova-9 [17]

Answer:

$1,490,000

Explanation:

Given that,

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Wages to Line workers = $270,000

Indirect Materials used  = $425,000

Total product cost for the year:

Direct Material used + Wages to Line workers + Indirect Materials used

= $795,000 + $270,000 + $425,000

= $1,490,000

Therefore, the total product costs for the​ year is $1,490,000.

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3 years ago
Which of the following types of business usually has the fastest inventory
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Answer:

grocery store - last choice

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3 years ago
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3 years ago
The weather station model performs the invaluable function of ____________.
Greeley [361]

Answer:

Option B                                    

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