Answer:
The incorrect statement is number (2): Data marts typically have broader focus than data warehouses.
Explanation:
Data marts are data structures built on a database. In this structure, consolidated data is stored that will be used as a feed for an analysis tool. Data marts are specialized in storing data of a specific area of an organization. A group of datamarts is called Datawarehouse.
Therefore, <em>data marts have a narrower focus than data warehouses.</em>
Answer: $360,050
Explanation:
The total cost of a fixed asset refers to all the cash that was paid to acquire the asset, transport it and then install it.
Cost of the new machinery is therefore = Discounted cost price + Sales tax + Installation charges + Concrete slab
= (270,000 * (1 - 2%)) + 79,750 + 4,800 + 10,900
= 264,600 + 79,750 + 4,800 + 10,900
= $360,050
<em>Cost price was discounted by 2% as per the credit terms of 2/10 which means that there is a discount of 2% if the asset is paid for in 10 days. </em>
Answer:
the trade-offs they creates.
Explanation:
Trade-off is the opportunity cost of taking a particular decision
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
For example, if there is a worker who values an hour of leisure at $10 and he is paid $20 per hour. If he has to choose between leisure and working. He would choose to work because the opportunity cost of not working (10) is lower when compared to the opportunity cost of leisure ($20)
Flagstags Brewery’s flexible budget estimates are $74,000, $77,000, and $80,000 to manufacture 4,000, 4,500, and 5,000 gallons o
Ierofanga [76]
Answer:
Fixed cost = $50,000 and variable cost is $24,000
Explanation:
As we know that
Total cost = Variable cost + fixed cost
where,
Variable cost = Number of gallons of beer × variable cost per gallon
The variable cost per gallon is
= ($77,000 - $74,000) ÷ (4,500 - 4,000)
= ($3,000) ÷ (500)
= $6
So, the variable cost is
= 4,000 units × $6
= $24,000
And, the total cost is $74,000
So, the fixed cost is
= $74,000 - $24,000
= $50,000
Answer:
C. Leroy and the manufacturer have joint title