Answer: Utilitarian value
Explanation:
A product or service is said to have Utilitarian value if a consumer uses it to solve a problem or settle a need being faced. The pedal Sam bought from the All things sport local shop, has Utilitarian value as he used it to fix his bicycle.
Stress relief, anxiety reduction, improved sleep quality, reduced muscle pain, muscle soreness, range of motion-flexibility, helps with immunity and inflammation.
Answer:
B- They will decrease as production decreases within the relevant range
Explanation:
variable cost are those cost which are link to the production, there is positive correlation between variable cost and production, increase in production will increase the variable cost and vice visa.
Example of variable cost
1.Labor
2.material
Answer:
Sunk cost
Explanation:
Sunk cost is cost that has already been incurred and cannot be recovered. It should not be considered when making future decisions
Differential cost refers is difference between the cost of two different decisions.
Replacement cost is a the cost incurred in replacing an essential asset.
Answer:
The amount of gain should P Company record on its books in 2017 is $60,000.
Explanation:
The amount of gain = Sale value - Written down value
= $720,000 - $660,000
= $60,000
Therefore ,The amount of gain should P Company record on its books in 2017 is $60,000.