Answer:
A. follow the 45-degree line from the origin
Explanation:
In order to diversify the business that means the output level should be increased we need to rise the input i.e. no of planes and pilots
Now if we increase the no of planes by 1 so here the no of pilots should also be increased by 1 units
So the expansion path equation is y = x
Therefore the option a is correct
Answer:
$710,000
Explanation:
A flexible budget is a type of budget that changes in relative to the volume of output
<u>Workings</u>
Monthly Fixed manufacturing cost - $50,000
Variable cost /Ton - $12
Production in March -55000
Variable cost of production in March - $(12*55000) = $660,000
Total manufacturing cost = Fixed cost + Variable cost
$660,000 + $50,000= $710,000
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Answer:
20,140 units
Explanation:
The number of units started will be the units completed in April plus the ending inventory minus the opening work in progress.
Units started = completed unit + ending inventory - beginning inventory.
Units started = 22,300 + 6,040 -8,200
units started = 28,340 - 8200
units started =20,140
Answer:
•Jayaram is a Limited partner
•Jeevan is an active partner
Explanation:
•A limited partner also known as a silent partner is a partner who does not partake in the day to day running of the business. He only provides capital to the running of the business hence his liability is limited to the amount invested in the business.
Asides providing capital and not being active in the management of the business activity, he can be of help by providing business contact that would bring progress to the business and also give business advice where and when necessary.
• An active partner is a partner who provides capital and also oversees the daily activities of the business. He is a very important partner because of his involvement in the business affairs hence has more liability unlike the limited partner. An active partner's action can make or mar the business because of the influence he has over the business.
Answer:
Depreciation
Explanation:
This is basically a reduction in value of an asset over period of time mainly because of wear an tear.
