Answer:
$560,000
Explanation:
Calculation for the total inventoriable costs for the year would be
Using this formula
Variable costing = Direct materials + Direct labor + Variable Manufacturing Overhead
Let plug in the formula
Variable costing= $280,000 + $120,000 + $160,000
Variable costing= $560,000
Therefore the total inventoriable costs for the year would be $560,000
Answer:
False
Explanation:
Many of the responsibilities associated with working in a professional sport organization is similar to the responsibilities found in collegiate athletic administrations
Collegiate athletic administration is a body that regulates student athletes from North American it generally covers unprofessional and university level competitive games and it is non-profit . while professional sport organizations have vast responsibilities that are applicable to collegiate athletic administration
Answer:
B) the same amount of capital and labor
Explanation:
Only an increase in productivity shifts the production function upward given that all factors of production remain the same. Generally technology improves productivity and causes those shifts.
Productivity measures the rate of output per unit of input. E.g. I write 10 pages per hour. If my writing productivity increases, I will write 12 pages per hour. Labor productivity is measured by the amount of output produced per hour worked.