Answer:
The incentives of a supplier are the opposite of the incentives of a demander because it is a relationship whose nature makes supply and demand inversely proportional to each other: the higher the supply, the lower the demand for each product and the lower its price; While the lower the supply, the greater the demand for each product and the higher its price. Thus, in many cases, suppliers seek to restrict supply to maximize profits, while demanders seek to lower prices through a greater quantity of goods offered.
Explanation:
The computation of total variable production cost is shown below:
For 13,000 units it would be
= Total per unit cost × number of unit produced
= $17.25 × 13,000 units
= $224,250
For 23,000 units it would be
= Total per unit cost × number of unit produced
= $17.25 × 23,000 units
= $396,750
For 33,000 units it would be
= Total per unit cost × number of unit produced
= $17.25 × 33,000 units
= $569,250
Answer:
whether or not to purchase a new machine for the production line
Explanation:
Capital budgeting decision is the process by which a company sets aside money for the purchase of capital assets such as new machinery, new plants, research and development, and new product.
Capital budgeting is considered to be both a financial decision and an investment decision. Apart from cost incurred by making a purchase, the company considers the future cash flows the capital asset will generate.
Purchasing a new machine for the production line is a capital budgeting decision
Answer: Account payable
Explanation:
The account payable is one of the type of department which track all the expenditures, purchasing order statement and the payment.
The main responsibility of the account payable is that it maintain all the historical records of the payment and also balance all the debt system. It is the process of recording all the important information or the data.
According to the given question, the debt basically created by the business during the process of borrows from the supplier or the vendors is known as the account payable.
Answer:
Probably A It is the process of choosing an option from two or more alternatives.
Explanation:
Decisions aren't always right so not B or C and solving a problem isn't a decision