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3 years ago

The federal government is considered a bureaucracy primarily because it

1 answer:

3 0

The federal government is considered a bureaucracy primarily because it is a complex system of organisation which functions based on some specific established principles.

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Milano Company has an average overhead cost per hour of $10.50 at 3,500 machine hours, and at 3,000 hours it is $11.25. The comp

Tasya [4]

Answer:

c) VOH/hr = $6 per hour

a) Fixed overhead cost = $ 15,750

Explanation:

Overhead cost is the total of all indirect costs. Indirect costs are those which are not specifically for a particular product. They include indirect material cost, indirect labour cost and indirect expenses.

Variable overhead cost is the portion of the total overhead cost which changes with activity level changes. For example, when more machine hours are worked, more kilowatts of power would be consumed and therefore increase the power cost.

Fixed overhead costs are those which remain on change within a given level of activity.

To separate the fixed overhead from the variable, we use the following relationships below:

VOH/hr = Total [email protected] high activity- Total Overhead @low activity

High activity - Low activity

Fixed Overhead = Total overhead @ high act. - (VOH/hr × High activity)

Note that activity level level is measured in machine hours in this question.

Total overhead = Average cost per hour × Number of hours

Now we can determine the variable overheads per machine hour (VOH/hr)

VOH/hr = (3500× $10.50) - (3,000× $11.25)

3,500 - 3,000 machine hours

= $ (36,750 - 33750)

500 hrs

= $6 per hour

Fixed overhead cost = ( 3500 ×10.50) - ($6 × 3500)

=$ 15,750

8 0

3 years ago

Many people think that marketing and advertising are one and the same. While advertising is indeed part of marketing, it is only

Katen [24]

Answer: Option B

Explanation: In simple words, marketing refers to the set of activities that are performed by an organisation to attract the customers to buy the offered product or service. It involves interacting with the customers , either directly or indirectly, using various methods and make them aware of the products that the company is offering in the market.

Advertising, delivery, rebates and discounts are some of the many examples of marketing tools which a firm uses to enhance its demand. Providing after sales service so that customer would have positive experience and strong customer base could be maintained is also a part of marketing activity.

Marketing focuses on satisfying customers and not financing the operations or providing appropriate returns to investors.

3 0

4 years ago

In the case of snack corp, when the price they sell their product at is _______ average cost of production, profits are ______ d

antiseptic1488 [7]

In the case of snack corp, when the price they sell their product at is below the average cost of production, profits are negative due to negative average profit.

Average profit is defined as total profit divided by performance, or total profit for each period divided by a number of periods. The formula for calculating average profit is Average Revenue - Average Cost = Average Profit.

But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high. Average profit is calculated by dividing the total profit for the year by the number of years of profit.

Learn more about Average profit here: brainly.com/question/26215194

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5 0

2 years ago

When sellers are willing to accept money in exchange for goods and services, money is acting as a?

lora16 [44]

Money is functioning as a medium of exchange. Money makes transactions easier, instead of having to barter for items, you can complete transactions through the usage of money.
Money serves three primary functions unit of account, store of value and most important medium of exchange.

4 0

3 years ago

In general, how would you describe the U.S. Economy to someone else?

iris [78.8K]

Free Market, self regulating

6 0

3 years ago

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