1. <u>consumer</u> one who purchases goods, products, or services for personal use
2. <u>tangible</u> concrete or real, capable of being touched or held in the hand
3. <u>entrepreneur</u> someone who starts a business or enterprise, assuming all risks and responsibilities for its success or failure
4. <u>empathy</u> the ability to understand and identify with another's feelings, ideas, or situation
5. <u>LEED</u> Leadership in Energy and Environmental Design, a program that sets standards and rating systems for third-party verification of environmentally friendly "green" buildings
6. <u>collaborate</u> tangible to work together with others, willingly and in the spirit of cooperation
Answer:
Line chart
Explanation:
A line chart, also known as a line plot, line graph, or curve chart, is a type of chart that shows data connected by straight line segments. It helps visualize data with clarity and organization.
Answer:
Lower overhead leads to lower prices and higher profit margins. However, fixed costs of acquiring the land are just one of the components of total overhead.
Explanation:
Overhead costs are costs that are not directly associated with running a business, like accounting or legal costs or in this case costs of acquiring land. Since these indirect costs vary and are not the same in every period, they are supposed to be measured monthly. However, small overhead definitely places a business in better position than the competition, as it can charge fewer price for its products and could lead to increase of profit margin. Bought land is just one of the factors that is included in these indirect costs, however if total overhead is really lower, than the firm's claims can be perceived as true.
Answer: $2.6 per unit.
Explanation:
Given that,
Tons of cement produced and sold = 225,000
Sales revenue = $1,035,000
Variable manufacturing expense = $421,000
Fixed manufacturing expense = $280,000
Variable selling and administrative expense = $29,000
Fixed selling and administrative expense = $220,000
Net operating income = $85,000
Sales price per unit:
= 
= 
= $4.6 per unit
Variable cost per unit:
= 
= 
= $2 per unit
Contribution margin = Sales price per unit - Variable cost per unit
= $4.6 - $2
= $2.6 per unit
