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Answer:
b. steel purchased by the aircraft manufacturers.
Explanation:
An intermediate good is a producer good or semi-finished good that is used as an input in the production process in the manufacturing of other goods such as finished goods. An example of an intermediate good in the options given above will be steel that is purchased by the aircraft manufacturers. Steel is a partly finished good used in producing aircraft, as a final or finished good.
Answer: $12
Explanation:
In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.
The relevant costs they will incur are therefore the Variable Marketing costs alone.
The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.
Seeing as the Variable Marketing Costs are the only relevant cost then the lowest they should accept is the Variable Marketing Costs of $12.
Answer:
The answer is that the net income under absorption costing would be higher than the net income under variable costing.
Explanation:
Absorption costing and variable costing are terms used in accounting contexts. Absorption costing, also known as full costing, incurs overhead costs when the product is sold; not before it. Variable costing, also referred to as direct costing, would include overhead costs during the period the costs occurred. In this condition, net income would be higher using absorption since overhead costs would not be included until the product is sold.
Answer:
a. A job needs to be divided into types of work so that it can be coordinated in some logical way. ==>TRUE.
b. Work is the output that comes from the accomplishment of tasks. ==>FALSE.
c. Work is effort directed toward accomplishing results.==>TRUE.
d. Ideally, the work to be done in any organization should be significantly less than the amount of work that the organization needs to have done.==>FALSE
Explanation:
For a Job to be effectively executed, the steps required to carry out the job needs to be properly outlined, this itemized steps can be regarded as the work that needs to be done to properly execute the job.
Every work done has to be goal oriented, this is done to give the workers a sense of direction and also to avoid wasting time, energy and resources on things irrelevant to the job at hand.
Work done on an organization has to be equal to or more than it had planned to carry out in order to achieve the organization overall objectives.
