Answer:
c.used by the department
Explanation:
Since in the question it is mentioned that Miller Safety Equipment uses multiple production department rates so that it applied the overhead to products.
And according to that the allocation of support department cost to production
Here, the multiple production department rates are used so the support activity should be only used by the department.
The answer would be 19/30 (or 0.6333333333).
I hope it helped you!
<span>Business employees calculated that the expense to produce an additional cell phone is $50.
C. - This monetary amount represents a marginal cost.</span>
Answer: A higher risk often means a higher return.
Explanation: Risk can be defined as the potential effect of an event, determined by combining the likelihood of the event occurring with the effect that it should occur.
Return can be defined as a gain or loss from an investment.
The relationship between risk and return is that the higher the risk, the higher the returns, however, a higher risk has a potential for loss. Hence, the word often in the statement "A higher risk often means a higher return."
A lower risk does not always mean a lower return, a lower risk has a potential for a higher return.
Answer:
d. Supply is perfectly elastic.
Explanation:
Perfectly elastic supply is when a change in price causes supply to fall to zero.
The supply curve is usually an horizontal line.
I hope my answer helps you
