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Effectus [21]
3 years ago
11

The general pattern that consumption of the first few units of any good tends to bring a higher level of _______ to a person tha

n consumption of later units is a common pattern. utility marginal benefit opportunity cost sunk costs
Business
1 answer:
Natalka [10]3 years ago
6 0
The answer from the given options is "utility".

"Utility" is a financial term which is used in economics and was acquainted by Daniel Bernoulli alluding with the aggregate fulfillment got from expending a good or services. The economic utility of a goods is imperative to comprehend in light of the fact that it will specifically impact the request, and therefore cost, of that goods.
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In selecting machine usage as the primary cost driver of overhead costs for the Production​ Department, management feels that th
pychu [463]

Answer:

True

Explanation:

Machine is the key component while processing the raw material into finished goods.

This is related to the goods as machine hours are directly related with the number of units.

Accordingly, there is a belief of management that the overheads are directly related to machine hours.

And thus, they are allocated based on machine hours under traditional costing. As therefore, the statement is true as states all of the above things.

5 0
3 years ago
) a substance decays 22ach day. after 7 days, there are 9 milligrams of the substance remaining. how many milligrams were there
mamaluj [8]

A substance decays in 22ach days. after 7 days, there are nine milligrams of the substance last. milligrams had been there to start with:

at the give-up of each day, you are left with (100- 22)% = 7-8%, that is 0.7-8Tim.

To decay is described as to rot, lose strength or become worse. An example of degradation is while old fruit begins to rot. An instance of degradation is whilst a community begins to come to be crime-ridden. A falling into spoil.

a few common synonyms of deterioration are decomposed, putrefy, rot, and spoil. even as these types of words suggest "to go through negative dissolution," decay implies a sluggish exchange from a country of soundness or perfection.

The wooden of the white pine is long-lasting for indoor use, in particular, whilst covered by means of paint, however, while uncovered to moist air it swiftly decays, and it is very prone to dry rot; its miles are said to be excellent while grown on sandy soils.

Learn more about decays here: brainly.com/question/25537936

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7 0
1 year ago
According to climate data recorded since 1884, the average annual snowfall in philadelphia is 22.3 inches. this value is an exam
Anvisha [2.4K]

Since 1884, climate records have been kept, and they show that Philadelphia experiences an average yearly snowfall of 22.3 inches. An illustration of descriptive statistics is this value.

<h3>What is descriptive statistics in statistics?</h3>

The fundamental characteristics of a dataset identified in a particular study are described, illustrated, and summarized using descriptive statistics. The summary provides details on the data sample and its measurements. Analysts will understand the data more readily as a result.

<h3>What can we conclude from descriptive statistics?</h3>

The features and value distribution of one or more datasets are summarized using descriptive statistics. The central tendency and degree of value dispersion in datasets can be quickly viewed by analysts using the traditional descriptive statistics.

Learn more about descriptive statistics: brainly.com/question/13335435

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6 0
1 year ago
Bradford Company derived the following cost relationship from a regression analysis of its monthly manufacturing overhead cost:
Firdavs [7]

Answer:

Bradford's estimated variable manufacturing overhead cost is $127,200

Explanation:

The cost function=$83,000+$12M

where M stands for machine hours required to produce the expected output in the month under review.

Each one-six unit case of Bradford's single product requires two machine hours,hence 5,300 cases would require 10,600 hours(5,300*2hrs).

Total estimated variable manufacturing overhead=cost per machine hour*expected number of machine hours

cost per machine hour is $12 as seen in the cost function

estimated variable manufacturing overhead=$12*10,600=$127,200

3 0
3 years ago
All of the following are weaknesses of the payback period:_________ (You may select more than one answer. Single click the box w
sashaice [31]

Answer:

c. it ignores all cash flows after the payback period

d. it ignores the time value of money.

Explanation:

Payback period as far as capital budgeting is concerned can be regarded as time that is required for recouping of funds that is been expended during setting up of an investment, or the funds required to get to break-even point. It should be noted that weaknesses of the payback period are;

✓. it ignores all cash flows after the payback period

✓ it ignores the time value of money.

5 0
3 years ago
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