The important areas that appear on a CVP graph includes break-even point, loss area, and profit area
<h3>What is
CVP graph?</h3>
A Cost volume profit (CVP) graph is a graph that shows the relationship between the cost of production and the overall sales.
In conclusion, the important areas that appear on a cvp graph includes break-even point, loss area and profit area.
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Answer: A firm operating across borders must deal with both foreign and international environment. Options A and B
Explanation:
International Business is a kind of business between two or more countries, that involves the trade of products and services across national borders or on a global level.
An example is the oil industry in which oil is produced by one country and sold to another. Both countries deal with both Foreign and International environments.
Answer:
minimize the material handling costs.
Explanation:
A process-oriented layout is a strategic method or technique used by manufacturing companies to organize and develop their work areas (factories) based on the processes and activities being performed at each factory rather than on the product being manufactured.
Hence, the typical goal used when developing a process-oriented layout strategy is to minimize the material handling costs for each factory.
Process costing can be defined as a cost accounting method used for assigning manufacturing or production costs to the units of goods produced by a business firm over a specific period of time. It is mostly used by firms that produce a large quantity of homogeneous or similar products on a continuous basis. Process costing typically uses more than one Work in Process Inventory account because costing at each stage of production or manufacturing process.
Answer:
The correct answer is A) the substitution effect
Explanation:
In other words, the substitution effect is when sales fall because the consumers change into cheaper alternatives when its price rises.
Answer:
b-the costs incurred to process the units to this point
Explanation:
Since in the question it is given that the company want to decide whether to sell partially completed goods or should incurred extra cost in order to finished the goods and sells them as a completed unit
So there should be the decision regarding selling price for the units that are completed, the selling price for the units that are partially completed and the cost i.e to be incurred for finishing the units
