Answer:
Option "4" is the correct answer to the following situation.
Intermediate-term cost receives a weighting of 12%.
Explanation:
<u>GIVEN:</u>
Total cost receives weighting = 40%
- short term cost weighting = 50% of (Total cost receives weighting)
= 50% of 40% = 20%
- intermediate term cost weighting
= 30% of (Total cost receives weighting)
= 30% of 40% = 12%
= 20% of (Total cost receives weighting)
= 20% of 40% = 8%
Therefore option "4" is the correct answer to the above situation.
Answer:
Increases in direct proportion to the number of hours the lawn equipment is operated.
Explanation:
Variable costs refer to those costs which vary or change with the level of production output. Such costs rise as production level increases and fall with decrease in the production level.
Examples of variable costs would include direct labor cost which varies with the number of hours worked, or sales commission which varies w.r.t the volume of sales effected by a salesperson.
In the given case, the cost incurred on gasoline, which is used as fuel for lawn equipment, would be classified as a variable cost if, such cost increases when lawn equipment is operated for more hours or falls when the same equipment is operated for lesser number of hours.
Thus, such costs should increase in direct proportion to the number of hours the lawn equipment is operared, to be classified as a variable cost.
Answer:
The appropriate solution will be the "establishment" stage.
Explanation:
- The establishment stage throughout professional advancement or career progress is the time where someone who starts to pursue jobs and receives one's first assignment.
- Thus, during that point, the candidate goes through all the induction process, the acknowledgment of a position as well as the accommodation of the particular organization.
So that Sarah's profession has been at the level of the establishment.
Answer:
C
Explanation:
The decisions around which stages of production to handle internally and which to buy from others
Answer:
D. Economic value created.
Explanation:
The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.
Following is the formula for calculation of economic value created:
Economic Value Created = Value customer willing to pay - Cost of product
Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:
Economic Value Created = $600 - $400 = $200
So the correct option is option D.
