I think the answer is false because many schools raise fundraisers to help pay for things. If this is the case the money for the school will be quite low
Research indicates that high-performance project teams are much more likely to develop under certain conditions. One of these conditions is that members are assigned to the project manager.
High performance teams are composed of individuals with specialized expertise and complementary skills who are hyper focused and goal oriented on achieving clear and outstanding results
So the members are assigned to the project management. It is the process of leading the work of a team to achieve all project goals with the given constraints.
Learn more about high performance project teams here
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Repeat sales or Repeat business
The web said repeat sales
Because since the seller has no control over the market price of a product. It requires an element of monopoly to allow him influence price
Answer:
a. Carol's transfer price is $6 per meal if she only recovers the variable costs.
b. $13,5 per meal
c. $27000 or a loss of $1.5 per meal.
d. The cost of the cafeteria should be charged to the user departments so that the actual profit or loss from each department can be valued
Explanation:
a. Variable costs = $108000 for 18000 meals.
Variable cost per meal = 108000 / 18000 = $6
Carol's transfer price is $6 per meal if she only recovers the variable costs.
b. If carol were to recover the full cost then the transfer price = Total cost / no. of meals
= (108000 + 135000) / 18000 = $13,5 per meal
c. If the transfer price is the market price i.e $12, the loss from the cafeteria = Revenue from meals - Total cost
= (18000 x 12) - (108000 + 135000)
= $27000 or a loss of $1.5 per meal.
d. The cost of the cafeteria should be charged to the user departments so that the actual profit or loss from each department can be valued.
This information is useful to the hospital management in knowing the actual costs of the meals consumed in the various departments and how the cost cutting measures can be implemented based on the cost of the different departments.
