Answer:
C
Explanation:
As unsold items end up being stale and get wasted , it is good for a business to avoid such as much as possible in order to maximize profit.
The customers buying pattern can easily reveal what they prefer to buy and what they do not buy . This can serve as a guide to the producer in what to sustain or increase producing and what to reduce or eliminate in the production line so as to maximally control the level of waste generated due to outdated or unsold stock.
As soon as an agent or a broker accepts an earnest money deposit on behalf of a seller, they become an escrow agent, and the money is placed in an escrow account.
So whenever a licensed real estate firm or an agent holds any earnest money, it must be deposited in a trust or escrow account until the closing. The earnest money deposit is said to be mandatory as the deposit gives buyers the time required to sort out their finances, conduct inspections, and evaluate investment, before a deal is closed.
However, if the buyer does not deposit the earnest money with the escrow agent within a reasonable time after contract execution, the buyer thus would be in default.
Hence, an escrow account is one which you fund each month.
To learn more about escrow account here:
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Answer:
The correct answer is option C.
Explanation:
The fixed costs are the cost that does not vary with the level of output. It does not vary with the level of activity. The total fixed cost remains constant in the entire production process.
The fixed cost per unit is the ratio of total fixed cost and level of output. It decreases as the output level increases and rises with a decline in activity.
The variable cost is the cost that is incurred on the variable inputs used in the production process. It directly varies with the volume of activity. The total variable cost will increase with the increase of output as more variable inputs are employed.
The variable cost per unit is the cost incurred on each unit of output. It does not change with the level of activity unless there is a change in input prices.
