Answer:
Product and mass customization.
Explanation:
In Financial accounting, fixed cost can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.
On the other hand, variable costs can be defined as expenses that are not constant and as such usually change directly and are proportional to various changes in business activities. Some examples of variable costs are taxes, direct labor, sales commissions, raw materials, operational expenses etc.
High fixed costs and low variable costs are typical of product and mass customization.
Hence, the high fixed costs are usually a determinant for pricing a product that aren't produced in mass because to break even, businesses would need to rake in more revenues to meet the the increasing (high) fixed costs.
<em>However, when this products are manufactured in mass, this would help to cut or lower down the total cost of production. </em>
Answer: b. These would not be withheld by the company.
c. As an independent contractor they would be responsible for their own payments
Explanation:
Here is the complete question:
Beth Caldwell is in the payroll accounting department of Acerill Films. An independent contractor of the company requests that Social Security and Medicare taxes be withheld from future compensation. What advice should Beth offer?(You may select more than one answer).
a. The independent contractor should complete Form W-4 to authorize FICA tax withholding.
b. These would not be withheld by the company.
c. As an independent contractor they would be responsible for their own payments.
An independent contractor is someone that has his or her won personal business but still does work for other organizations or businesses. Is should be noted that independent contractors should not be considered to be part of the workers in the organization they work for.
Beth Caldwell should not take taxes out of the payments that will be paid to the person because he is responsible for his or her won payment and normally, they pay the self employment tax which is just like paying for social security and Medicare taxes.
<span>Given:
Cost of the roof of a property = $14,000
Economic life = 18 years
To find: value after 4 years using straight-line depreciation method.
Solution:
Loss of value per year = cost of roof of property / economic life of property
14000/18 = $777.78
Every year, value of property is getting depreciated by $777.78.
So, value after four years is calculated below:
Value after 1 year = $(14000 - 777.78) = $13222.22
Value after 2 year = $(13222.22 - 777.78) = $12444.44
Value after 3 year = $(12444.44 - 777.78) = $11666.66
Value after 4 year = $(11666.66 - 777.78) = $10888.88
Value after four years = $10888.88</span>
A. best location for storage facilities is your correct answer
I think the business practices is simply dangerous.
Time safari brings their customers to travels throughout time to the period when dinosaurs still exist and provide hunting exppeditions there.
This expose the business to many potential hazard/lawsuit and not an appropriate business idea even if it's possible in our time.