Answer:
Technician and technologist are two different terms. However, these two terms are interrelated. ... A technician has a good knowledge of the general principles of the field he is in, whereas, a technologist is a person who is completely aware of various technologies. A technician works under a technologist.
Answer:
<u>external report</u>
Explanation:
Note that, the manager prepared a report which he later presented to the stockholders of the company; meaning he gave the report to an outside party.
Remember, external reports are usually given to investors to know the financial condition of the company. Thus, the shareholders would need the report in order evaluate the financial condition of Fazer Technologies Inc.
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Answer:
D) $30,000
Explanation:
To calculate the prime cost per unit we can use the following formula:
prime cost per unit = direct materials per unit + direct labor per unit = $26
We were given the total direct materials, so to determine the direct per unit we divide that by the total units produced: $100,000 / 5,000 units = $20
direct labor per unit = prime cost per unit - direct materials per unit
direct labor per unit = $26 - $20 = $6
Now to calculate the total labor cost we multiply the direct labor per unit ($6) times 5,000 units = $30,000
Answer:
The correct option is B
Explanation:
A pure competition is describes as a market which has a wider range of competitors, those are selling the same kind of products.
A purely competitive market involves or comprise of the large or huge numbers of the firms who are making the standardized product, the market prices are determined by the demand of consumer.
In this case, MR is equal to MC, TVC is $550, Total revenue is $250 and TFC is $250. So, the firm have a scope for producing as it could still cover the total cost.