Answer:
B) Fixed cost is the constant for a particular product and does not change as more items are made. Marginal cost is the rate of change of cost C(x) at the level of production x and is equal to the slope of the cost function at x.
Explanation:
Fixed costs do not change when the quantity of goods or services produced changes, that is why they are fixed (they do not move).
While marginal costs are the costs associated to producing one extra unit of output. They change as the total output changes.
Profit maximizing firms should increase their output level until the marginal cost equals the marginal revenue (revenue generated by selling one additional unit of output).
Answer:
Using credit will cost Bill more money over time.
Using credit may tempt Bill to buy more than he can afford.
Answer:
A. $ 6,800
Explanation:
The options are inconsistent with the data given.
Variable costing Method consider all variable costs as the cost of sales and fixed cost as the periodic or operational cost.
Variable Costs
Direct materials $50 per unit
Direct labor $12 per unit
Variable manufacturing overhead <u>$6 per unit</u>
Total Variable cost per unit <u>$68 per unit</u>
Ending Inventory = Production for the year - Sale in the year = 700 - 600 = 100 units
Value of Ending Inventory = $68 x 100 units = $6,800
<h2>interpersonal aspect
</h2><h2>standardization of performance measurement
</h2><h2>alignment of individual and organizational</h2>
Explanation:
Performance management is a process of ensuring that the action or activities done by the employees matches with the goals of the organization and make those in an effective manner.
Performance management runs around the world and it is mandatory to run both for the benefit of the organization and to reach the personal goals.
So it is measured everywhere with small difference in the things listed above in bold.
Answer:
The answer is E.
Explanation:
Total payment from customers is:
$537,400 + $737,500
= $1,274,900
Weighted average delay from customer A is:
($537,400/$1,274,900) x 3
=1.26 days
Weighted average delay from customer B is:
($737,500/$1,274,900) x 1
=0.58 day
Therefore, total weighted average delay is:
1.26 days + 0.58 day
=1.84days
