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ikadub [295]
3 years ago
7

What might be considered an example of a ruthless business tactic?

Business
1 answer:
guajiro [1.7K]3 years ago
5 0

Answer:

Denying your competition with the resources it needs to perform a deal and then getting the deal for your own company.

Explanation:

Ruthless is defined as having no pity or compassion. A ruthless business man is commonly described as taking advantage of others and engage in corrupt business practices.

The perfect example for a ruthless business man was John Rockefeller, who started wars in different continents, bribed government officials, and cheated on competing oil firms, etc.,etc.,etc.

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Answer:

The utilities cost associated with 1,110 machine hours will be $10,505.

Explanation:

High Low method is a way to calculate the variable and fixed cost element of total cost using lowest level of activity and its cost and highest level of activity and its cost.

In this example The Highest activity of Machine hour is in the month of May and Lowest  activity is in February.

Using high low method:

Variable cost =  ( Highest activity cost - Lowest activity cost ) / ( Highest activity - Lowest activity )

Variable cost =  ( Cost in May - Cost in February ) / ( Machine hours in May - Machine Hours in February)

Variable cost =  ( $9,625 - $8,360 ) / ( 950 - 720 )

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Variable cost =  $5.50 per machine hour

Fixed Cost = $8360 - ( 720 x $5.5) = $8360 - $3960 = $4,400

Utility cost of 1110 units = $4,400 + ( 1,110 x 5.5 ) = $4400 + $6,105 = $10,505

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