Answer:
A. $ 450 comma 000
Explanation:
In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.
Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)
= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )
= $160,000 ÷ 8,000 units
= $20
Now the fixed cost equal to
= High total cost - (High production volume × Variable cost per unit)
= $710,000 - (13,000 units × $20)
= $710,000 - $260,000
= $450,000
We simply applied the above formula
Answer:
The statement is: True.
Explanation:
Austrian business professor and lawyer Peter F. Drucker (<em>1909-2005</em>) is considered one of the fathers of modern management because of the focus he placed on listening. Drucker once mentioned:
"...<em>the most important thing in communication is hearing what isn't said</em>...";
meaning once others are talking, we should be quite so we can learn something from them. If there are unclear points in the conversation, questions must be asked. The purpose of all of this is to be perceptive and increase our knowledge based on others' experiences.
Answer:
Option (a) is correct.
Explanation:
A natural monopoly refers to a market situation in which there is a single large firm controlling the whole market because it can produces the output at lower cost than any other group of small firms. There is only one single seller in the whole market.
It is a monopoly in which there is a high infrastructural costs and there is a restrictions on the entry of the new firms. This large firm have an overwhelming advantage on its potential competitors in the market.
Examples of industries in a situation of natural monopoly:
Public utilities: Water services and Electricity services.
The short-term liability in the scenario is BEST described as <em>E. a trade credit.</em>
Trade credit involves the extension of the payment date for a business transaction. The 10% discount offered by the supplier to Yolanda's curtain business within the discount period of 15 days is a financial inducement to enable Yolanda to <em>pay on time.</em>
Thus, within the credit period, the short-term liability that Yolanda's business bears is known as a trade credit,<em> not an account receivable, a line of credit, a factor, or a loan.</em>
Answer Options:
A. an account receivable
B. a line of credit
C. a factor
D. a loan
E. a trade credit
Learn more about trade credit here: brainly.com/question/25697850