Answer:
True
Explanation:
The reason is that every person in the society must act in accordance to a better ethical principles that assist him to act as good social being. So it doesn't who you are, you might be a doctor, an engineer, teacher, etc. you have to act in the best interest of the people and this is ethics. This rule applies to all of the society to act as a good resident of state.
It is a because if you think about it, you would budget for your future.
Answer:
B. Changes in response to a change in volume, but not proportionately.
Explanation:
A semi variable cost (or mixed cost) is a cost or expense that is partially fixed (does not change according to production output) and is also partially variable (changes according to production output). An example of semi variable costs are utilities which have a fixed minimum level per month and they increase as production output increases. Another example is the cost of a car, where insurance and lease payments are fixed but gas and maintenance expenses vary according to the number of miles driven.
Answer: Disadvantage of $52,000
Explanation:
Financial advantage(disadvantage) of dropping Product A will depend on if the savings associated with the drop will be more than the contribution margin that A brings in.
If the product is dropped, the fixed costs that would be dropped are: the salary of the manager, the advertising for the product and the insurance on the inventories of the product.
The other fixed costs are either general or irrelevant (product does not wear so depreciation is irrelevant)
Advantage (disadvantage) = Savings - Contribution margin
= (65,000 + 35,000 + 8,000) - 160,000
= (52,000)