Standard cost per output unit for each variable direct cost input is calculated by multiplying developed for a period for a planned output. An estimated expense that typically happens throughout the creation of a good or provision of a service is called a standard cost.
In other words, standard cost is the estimated sum of money a business will need to spend in order to create a something or provide a service under typical circumstances. Examples include payments due for rent, utilities, insurance, office staff salary, and supplies, among others. the normal fixed cost is $100,000, and the hourly rate is $15.
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Answer:
d. the demand curve has shifted to the right.
Explanation:
An increase in demand is associated with a rightward shift of the demand curve.
A decrease in demand leads to a leftward shift of the demand curve.
Some of the factors that cause an increase in demand :
1. Increase in income if the good is a normal good.
2. Expectation of an increase in price in the future.
3. Increase in price of the substitute.
An increase in Quanitity demanded leads to an upward movement along the demand curve. Only changes in price leads to a movement along a demand curve.
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Answer:
Vera Incorporated
Change in annual operating income from discontinued business:
Annual Operating Income would reduce by $78,000.
Explanation:
a) Calculation of the Net Income Lost:
Loss of Contribution ($99,000)
Avoidable fixed cost $21,000
Reduction of Income ($78,000)
b) The line of purses contributes $80,000 towards the company's fixed cost. Therefore, discontinuing this line of business would lead to the loss of this steam of income. The amount of reduced operating income will be $78,000 ($80,000 - 2,000).
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Answer:
The correct answer is letter "C": ethical expectation that society has for business.
Explanation:
Corporate Social Responsibility (CSR) refers to the efforts companies make to have a positive influence on their surrounding environment and society. CSR implies operating harming the atmosphere the least possible, training employees in ethical behavior inside and outside the organization and engaging in charitable activities in favor of the most in-need.
CSR takes care of three dimensions: <em>planet, people, </em>and <em>profit</em>. <em>CSR, also called, corporate citizenship, reflect the view society has of the business.</em>