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Alinara [238K]
2 years ago
15

Java Joe operates a chain of coffee shops. The company pays rent of $20,000 per year for each shop. Supplies (napkins, bags, and

condiments) are purchased as needed. The manager of each shop is paid a salary of $3,000 per month, and all other employees are paid on an hourly basis. Relative to the number of customers for a shop, the cost of supplies is which kind of cost?
1) cost.-fixed
2) cost-variable
3) cost-mixed
4) cost-relevant cost
Business
1 answer:
Dvinal [7]2 years ago
6 0

Answer:

2. Cost-variable.

Explanation:

Variable costs basically depends on the customers in the shop. In this case, the more napkin a person uses, the more Java Joe has to order.

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Explanation:

First convert the APR to the relevant periodic rate.

The compounding is done daily so the periodic rate is:

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Effective Annual rate is calculated by the formula:

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Answer:

The correct answer is letter "D": Recommendations.

Explanation:

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True or False: A price ceiling below $25 per box is not a binding price ceiling in this market. True False Because it takes many
jeyben [28]

Answer:

1. False

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Explanation:

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2<em>. Assuming that the long-run demand for oranges is the same as the short-run demand, you would expect a binding price ceiling to result in a </em><em><u>shortage</u></em><em> that is </em><em><u>larger</u></em><em> in the long run than in the short run.</em>

In the long run, supply is more sensitive because farmers can decide to plant oranges on their land, to plant something else, or to sell their land altogether.

This means that a price ceiling in the long run will be less attractive to farmers so they might leave the market. If they do this then the shortage will be more as there are now less supplies in the market.

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An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.

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The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.

The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.

Find out more on the Sarbanes-Oxley Act of 2002 at brainly.com/question/13398903

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1 year ago
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Answer:

Explanation:

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