Lucia’s analysis is subject to assumptions because(c) The analysis lacks validity if the total fixed costs required for the calculated break-even point generates too low of capacity.
Explanation:
Cost-volume-profit analysis is used to make short-term decisions.
Cost-volume-profit (CVP) analysis is used to study the changes in cost and volume and how its impact on the company's operating income and net income.
While performing <u>Cost-volume-profit (CVP) analysis</u> several assumptions are made like assuming the Sales price per unit to be constant. Variable costs per unit to be constant.
The five basic component of CVP analysis includes
- volume or level of activity
- unit selling price
- variable cost per unit
- total fixed cost
- sales mix.
[] Answer []
[] Explanation []
For a given meal, a chef may prefer grilling to baking because it <u><em>produces more intense flavor</em></u>.
Chef - Cooks instead of bakes (Uses stovetop)
Baker - Bakes instead of cooks (Uses oven)
When cooking, you are making meals and entrés, instead of pastries and baked goods. When cooking, a chef always wants to let out he most flavor he can. This is why he grills. When grilling, you cook your food in oil, butter, marinade, etc. All these flavors soak into the food, causing it to erupt with flavor. This is why when a chef cooks meat, he lets it soak in marinade, butter, wine, herbs, etc. first, then cooks them in it second. This entices the flavor, causing it to to be more tasteful and delightful.
A chef prefers to grill because it pulls out the flavor, where-as baking is a slower, less intense method of producing / cooking food. Baking is more bland and does not create a superb audience. When cooking something, you are allowing your food to soak in grease, wine, etc. When baking something, your food sits there slowly without any interaction too much flavor.
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Answer:
Mogul will report Inventory of $26000
Explanation:
The consignment accounting states that any inventory sent on consignment by the consignor to the consignee belongs to the consignor until it is sold by the consignee. Mogu; company sent inventory costing 110000 and out of this only 84000 is sold. The remaining inventory still belongs to the consignor and the amount of this inventory is 110000 - 84000 = $26000
Answer:
This question requires us to tell the time in which investment of $ 5000 will double based on a 6%, 12% and 18% interest rate. Time period (n) based on a 6%, 12% and 18% interest rate is calculated below.
(FV =PV (1+i)^n)
6%
10,000 = 5,000 (1.06)^n
Log 2 = n log 1.06
n = 11.9 years
12%
10,000 = 5,000 (1.12)^n
Log 2 = n log 1.12
n = 6.1 years
18%
10,000 = 5,000 (1.12)^n
Log 2 = n log 1.18
n = 4.2 years
Answer:
the biography
Explanation:
people would rather know who you are than just see the cover you put up
