Answer:
1. $590
2. $9.83
Explanation:
1.
Total Number of Direct Labor Hours:
= Total Labor Cost ÷ Labor Rate Per Hour
= 150 ÷ 15
= 10 Hours
Total Overheads:
= Total Number of Direct Labor Hours*Predetermined Overhead Rate
= 10 × 21
= 210
Total Manufacturing Cost = 230 + 150 + 210
= $590
2.
Average Cost:
= Total Manufacturing Cost ÷ Number of Units
= 590 ÷ 60
= $9.83
Answer:
Investment, you buy a property to rent in hope to make your money back over time.
Explanation:
Answer:
Target marketing
Explanation:
The correct answer is target marketing. It is a marketing strategy that focusses on customers who are most likely to purchase a business's good or service. Such businesses concentrate resources into meeting the needs of a narrowly defined market segment. This strategy is identified to be more profitable than allocating resources over different market segments. Since it involves understanding the specific needs of this targeted customers, this strategy determines content, look, and feel of product advertisement made for them.
Explanation:
The word "professional " means different things to different places.
Answer:
The correct answer is letter "C": individualism.
Explanation:
Individualism is an economic idea that promotes less government intervention. In this economic scenario, individuals are the main characters influencing the fluctuations of the market based on demand and supply principles. Individualism is in favor of private ownership and self over collective interest.
