Answer:
D. Step cost
Explanation:
Riddell Company manufactures one type of basketball. Each basketball is sold for $55 and the individual contribution margin is $27. Total fixed costs are $185,000 annually. Included in fixed costs are two production supervisor’s salaries of $96,000. Management estimates that production supervisors can effectively oversee the production of 6,000 basketballs. After that, an additional production supervisor needs to be hired.
Production supervisor’s salaries are a step cost which are expenses that are constant for a given level of activity and does not change steadily with changes in activity volume, but rather at discrete points.
Answer:
A feasibility report is a paper that examines a proposed solution and evaluates whether it is possible, given certain constraints. It includes six sections: introduction, background information, requirements, evaluation, conclusions, and finally, the recommendation or final opinion section.
How a feasibility report should be written:
1. Write a Project Description. At this step, you need to collect background information on your project to write the description. ...
2. Describe Possible Solutions. ...
3. List Evaluation Criteria. ...
4. Propose the Most Feasible Solution. ...
5 Write a Conclusion.
Explanation:
The feasibility report will look at how a certain proposal can work on a long-term basis or endure financial risks that may come. It is also helpful in recognizing potential cash flow. Another important purpose is that it helps planners focus on the project and narrow down the possibilities.
A feasibility report is a document that assesses potential solutions to the business problem or opportunity and determines which of these are viable for further analysis.
Although price searchers can set their prices for products, the prices they can set are however, still affected by market conditions: True.
<h3>What is price?</h3>
Price refers to the amount of money that is set by a seller and must be paid by a buyer (customer) to the seller (producer), so as to enable the acquisition of these goods or services.
Although price searchers can set their prices for the goods (products) they sell or service they render, the prices they can set are however, still affected by various market conditions such as:
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