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Answer:
The correct option is D. overhead and period costs.
Explanation:
Indirect materials and indirect labor can be described as the materials and labor that employed or consumed in the manufacturing process but cannot be traced to a particular product.
Overheads refer to cost that cannot be traced to a particular product or any particular cost unit.
Period costs refer to expenditures that are not directly tied to the production process. Period costs are overhead or sales, general, and administrative costs.
Therefore, indirect materials and indirect labor are overhead and period costs for a manufactured product.
The agreement made between different companies to charge the same amount for products or to not sell the products below a fixed price is known as <u>price-fixing.</u><u />
Answer:
4) All of the above
Explanation:
The day care program should have rewardedbeing on time to encourage this attitude.
Instead they put a price on being late. As parent considers this price cheap they arrive later to have some extra time beofre picking their childrens
Either the day care program reconsiders the fine policy and moves into a better program to estimulate being on time or it increases the "price" so is more expensive for the parents to come in time rather than paiying their fines.
Answer:
Franchises.
Explanation:
A franchise is formed when a third party is given the right to market products using the brand name of a parent company. There is usually an agreement between the parent company and the third party on profit sharing from the franchise.
In this scenario Keith wants to try a brand recognition of a national chain, but he wants to stay in his local area and be the owner of the shop.
The best option is to form a franchise where he can use the national brand to grow his business locally.
