Answer:
$3.30 per pound
Explanation:
The computation of the variable cost portion of their cost formula is shown below:
= Product cost + wages + utilities cost
= $1.15 per pound + $1.95 per pound + $0.20 per pound
= $3.30 per pound
The above cost i.e product cost, wages, and the utilities cost are terms as the variable cost portion so all these three would be considered and others are ignored
Answer:
A. ineffective understanding of the purpose of a control
Explanation:
Internal controls can be regarded as mechanisms or rules, as well as procedures put in place, by a company so that integrity of financial as well as accounting information, are ensured and to promote accountability as well as prevention of fraud. It should be noted that Common inherent limitations in internal control include ineffective understanding of the purpose of a control
Factors of production are common to all productive activities, regardless of the economic system. Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. So it is True
Yes the correct answer was
C) increasing earnings for workers.
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