Answer:
Avoidable cost
Explanation:
An avoidable cost can be eliminated in a whole. Such a cost can be explained as an expense that would not happen if the specific activity is not done. These costs are relevant costs. A very good example of such a cost is labour cost. If there is a decision to stop a product line for example, all costs that have a relationship with this product line will also be stopped.
Answer:
b). 72.458 %
a). 24, 213
Explanation:
1). The second option i.e. 72.458% correctly measures the variance percentage brought in the dependent variable(regressed the quantity demanded) by manipulating the independent variable(price elasticity). The first option is wrong as it shows R multiple which is rather the coefficient. The third and the last options are incorrect as they display the intercept employed to determine the quantity and the key error of calculating the standard deviation.
2). The predicted quantity demanded would be 24,213 if the price is fixed at $7.00.
It can be calculated using the formula;
Quantity demanded = Intercept + (Adjusted R squared * Price coefficient)
∵ Quantity Demanded = 56,400.50 + (7 X -4,598.2)
= 24,213
Answer: The correct answer is "B. Zimbabwe".
Explanation: GDP growth is crucial for an economy, since an increase in it reflects an increase in economic activity. If economic activity picks up, it means that unemployment tends to decrease and that per capita income increases.
In the case of Zimbabwe, population growth is far superior to GDP growth, therefore this makes economic growth much more difficult since there are more people per capita income is diminished.
Answer:
C. inefficiences may be concealed in the past performance.
Explanation:
A major drawback of using historical results for judging current performance is that inefficiences may be concealed in the past performance.
Answer:
450,000 units
Explanation:
This question asks to calculate the equivalent units of materials. It must be known that equivalent units are calculated by multiplying the number of physical units by percentage of completion.
The question assumes that materials are entered at the beginning of the process.
Mathematically, the equivalent units for materials = started into production + Beginning work in process
= 25,000 units + 425,000 units = 450,000 units
