Answer:
The correct answer is option B.
Explanation:
Average Total cost refers to the average cost it takes to produce one unit of the product.
It is arrived at by:
1) Determining all the costs ( variable and fixed costs) and summing them all.
Total Costs= Variable costs + Fixed Costs
2) Determining the total number of the units produced.
Therefore to establish the total average cost you will have to divide the total cost( Variable and Fixed) with the total number of units produced.
Total Average Costs = Total cost ( variable+ fixed)/ Total units of output.
Answer:
D) inventory
Explanation:
Inventory: Inventory is the stock of the company. It passed through various cycles i.e. raw material, work in progress, finished goods. When the cycle is finished then the product is ready to sell in the market.
Moreover, the recording of the stock is done based on the cost or market value whichever is lower.
In the given question, operation management uses the storage facility. So, the storage facility is used to store the inventory. Here, the storage facility means the warehouse in which the company products are kept for safety measurement.
Thus, all other options are incorrect except D option
In order for a shortage to be eliminated, the price must rise.
Employee benefits have become more significant and diverse
Employee benefits
- Typically, membership-based incentives are provided to recruit and retain staff.
- Although they have no direct impact on a worker's performance, insufficient benefits make workers unhappy.
The Price of Offering Employee Benefits
- The cost of benefits and services is around 40% of an organization's payroll expense.
- When significant wage and salary increases are not possible, benefits become the main topic of discussion with employees.
Community Security
- Funded by equal contributions from the employer and the employee, based on a percentage of wages.
- Offers retirement income, income for disabled workers, and money for surviving dependents.
- offers Medicare some health insurance coverage.
Unemployment Insurance
- Employers who pay both federal and state taxes on the taxable wage base provide the funding.
- Tax rates vary depending on an organization's history with unemployment.
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Answer:
c. protect lessees against lessors who abuse leased assets.
Explanation:
The residual value guarantee may be defined as a guarantee that is made to the lessor where the value of an underlying asset will become at least some specified amount at the end of the lease. The guarantee is given by the party unrelated to a lessor.
The residual value guarantee provides to protect the lessor against the lessees who tries to abuse the leased assets. It does not protect the lessees against the lessors.