Net income = Total revenues — Total expenses
Answer:
$2.70 mixing; $4.40 sampling
Explanation:
Activity based costing is a process by which the various activities in a production process are identified and cost allocated to each one. Each of these actity costs are added as product cost. It involves assigning indirect cost to direct cost.
For mixing department the cost rate is $0.9 per hour for 3 machine hours. So cost is (0.9* 3)= $2.7
For sampling the rate is $2.20 for 2 tests. So cost is (2.20* 2)= $4.4
The demand for his hot dogs will decrease. This is because Andrea is selling things at a better price than Jeff, and Mark and his friends would probably like to try something different than hot dogs.
Answer:
A. Bill chooses to pursue a risky investment for the company's funds because his compensation will substantially rise if it succeeds.
Explanation:
An agency conflict problem usually arises when the agent (managers) do not act in the best interest of his principals (e.g. shareholders) usually because of selfish interests of the agent (manager).
I hope my answer helps you
Answer:
<u>PetSmart</u> is an example of a speciality store.
Explanation:
It sells stuff only related to pets, unlike the other stores mentioned.