Answer:
$170
Explanation:
As we know that
Total cost = Total fixed cost + total variable cost
The total fixed cost would remain the same whether the production level increases or not but the case is not the same as the total variable cost. In total variable cost, the output will change as per the production level changes
When output was 4 units per week, The total cost would be
= Total fixed cost + total variable cost
= $100 + $70
= $170
Answer: E. Searches for and chooses acceptable solutions rather than trying to make the optimal decision.
Explanation:
Management workers who are at the top of decisions in most firms and want to just satisfactory results won't really put in much effort in going the extra mile with optimal decision's. Jill is satisfactory with a normal result hence would see no need in seeking complex of much more taksing solutions.
Answer:
That statement is true
Explanation:
Pre-determined overhead is the method of overhead calculation that being done at the beginning of each accounting period. They use the number based on estimation from the performance on the previous period.
Determining pre-determined overhead of a machine is far easier compared to human labor since machine tend to give stable performance.
Since larger companies tend to use more machines than smaller companies, pre-determined overhad is more common among larger companies and rarely found in smaller ones.
Answer:
The answer is exporting.
Explanation:
Businesses that sell their goods and services to customers in other countries are exporting them – they are producing them in one country and shipping them to another.
Similarly, in this question, WoodCore Inc produces an entire line of office furniture in its home country and selling it to the companies in Europe, this indicates that WoodCore Inc. is involved in <u>exporting</u>.
However, if WoodCore Inc used to buy its materials from European Countries to manufacture and sell the furniture in its home country US, then it would have been involved in <u>importing</u>.
Answer:
b. $2.00
Explanation:
For computing the CPM, first, we have to determine the number of groups which are shown below:
= Number of Households ÷ cost
= 500,000 households ÷ $1,000
= 500 groups
Now the CPM would be
= Cost ÷ number of groups
= $1,000 ÷ 500
= $2
For computing the CPM we simply divide the cost by the number of groups so that CPM can be correctly computed
