The cost of repairs on the automobile is $1,437 when the preventative maintenance plan is $896, and the cost of replacing the battery and the starter is $98 and $443.
<h3>What is the meaning of repairs?</h3>
Repairs costs are incurred when the asset is replaced, destroyed, or depreciated after a certain period of time. They are the expenses for the company.
Given values:
Preventative maintenance plan: $896
Replacement cost of battery: $98
Replacement cost of starter: $443
Computation of repairs cost:
Therefore, the cost of repairs amounts to $1,437 on the automobile.
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Answer:
False
Explanation:
Customer review also called customer feedback form is an input for a company, as this acts as an input for maintaining and meeting the standards of performance.
With the help of customer feedback the organization can ensure the performance, and can work on the weaker sections in the performance, for which users have complaint.
Thus, in the given instance also, the survey information is a form of input.
Thus, the above statement in question is
False
I guess there should be an options to choose . Anyway I think that the sentence should sound like this: In the world of marketing, <span>concepts</span> are ideas about products or services
Answer:
(a) DM
(b) DL
(c) MO
(d) MO
Explanation:
(a) Frames and tires used in manufacturing bicycles.
This is cost directly related to the materials used in manufacturing a product and, thus, should be classified as a direct material cost (DM).
(b) Wages paid to production workers.
This cost is directly related to pay for the labor required to manufacture a product and, thus, should be classified as a direct labor cost (DL).
(c) Insurance on Factory equipment and machinery.
Although this is a cost incurred from manufacturing, it can't be directly linked to either materials or labor since it is an structural cost and, therefore, should be classified as a manufacturing overhead cost (MO).
(d) Depreciation on factory equipment
For the same reason as the previous item, this should be classified as a manufacturing overhead cost (MO).
Answer:
B
Explanation:
In a private closed economy (actual) investment is equal to saving at all levels of GDP and equilibrium occurs only at that level of GPD where (planned) investment is equal to saving.
