Answer:
E. Fixed Costs
Explanation:
Here are the options to this question :
A. Variable Costs
B. Labor Costs
C. Total Costs
D. Raw material Costs
E. Fixed Costs
Sunk costs are costs that have already been incurred and cannot be recovered. They should not be considered when making future economic decisions.
Fixed cost is cost that do not vary with production. e.g. rent
Most companies pay rent per year. if due to unforeseen contingencies, sales and profit of the company declines and the company decides to shut down production, the company has already paid for rent, this amount cannot be recovered even though the company would not be using the space for sometime. So, rent is an example of sunk cost
Answer:
It allows you to get an insight into the working life of the profession. It allows you to get an insight into the employer and organisational culture. It gives you a different perspective on your work by learning from others' experiences. It expands your network and helps you make professional contacts
Explanation:
Goods purchased for use by a family is a family brand. Thus, option C is correct.
<h3>What is the brand? </h3>
A brand can be defined as an intangible technique that is being used for the marketing through which the company product or the various lines of the product is called for. It is basically a signal through which the customer can explanation of the product company. It is the identity.
A family brand can be defined as a product in which the product can be used by all the people who are present in different forms of age, that is Middle age, child, or old people.
This is the basic which is being divided for the whole age group and the product is termed as the diverse product. It can also be a single-use product or a diverse element. Therefore, option C is the correct option.
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Answer:
Cost of goods available for sale $186,000
Explanation:
The computation of the cost of goods available for sale is shown below:
Direct material $14,000
Direct labour $58,000
Manufacturing overhead applied $79000
Total manufacturing cost $151,000
Add: Beginning work in process $47,000
Less: Ending work in process -$53,000
Cost of goods manufactured $145,000
Add: Beginning finished goods inventory $41,000
Cost of goods available for sale $186,000
Knowledge, routines, and inventions incorporated into new venture procedures and practises make up intellectual startup capital.
Entrepreneurs use startup cash to cover some or all of the necessary costs associated with starting a new business. This include hiring new employees, paying for office space, permits, licencing, inventory, market research, manufacturing products, marketing, and any other operational costs.
Getting a new business off the ground frequently requires and over one round of startup capital investment. Before launching a business, basic planning and research are done with the help of seed funding.
During the initial few years of your business, startup money covers the costs of rent and supplies. Your business can expand, relocate to a better location, or buy better machinery with the aid of mezzanine funding. This also goes by the name of growth capital. Bridge capital fills the space between your current and next level of finance.
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