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wel
3 years ago
12

EB4.

Business
1 answer:
avanturin [10]3 years ago
6 0

Answer:

Fixed and Variable cost:

Fixed cost are the costs which cannot be changed with change in the level of goods and services sold or produced.

Variable cost are the costs which changes with change in the level of output produced and sold.

Product and Period cost:

Product costs are the costs which are incurred for making the product such as direct material, factory overhead and direct labor, etc.

Period costs refers to the cost which are incurred for a certain period of time. It is normally associated with the time period than with any type of transactional event.

Therefore, the classification of items is as follows:

(a) Variable cost - Product cost

(b) Variable cost - Product cost

(c) Fixed cost - Period cost

(d) Fixed cost - Period cost

(e) Fixed cost - Period cost

(f) Fixed cost - Period cost

(g) Variable cost - Product cost

(h) Fixed cost - Period cost

(i)  Fixed cost - Period cost

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Mr Store who runs his photocopy business working 8 hours per day process 100 scripts. He estimates his labour cost to be € 9 per
nordsb [41]

Answer:

A) 0.33 scripts per euro

B) The new productivity is worse than the old productivity

C) 0.333 euros per script

Explanation:

number of hours worked per day = 8

number of scripts processed per day = 100

Labor cost per hour = 9 euros

Total labor cost per day = 9 * 8 = 72 euros

material cost per script = 2 euros

Total material cost per day = 2 * 100 = 200 euros

daily expenses = 28 euros

A) Calculate the multifactor productivity

= output / Total cost

Total cost =  ( 72 + 200 + 28 ) = 300

= 100 / 300

= 0.33 scripts per euro

B ) compare the old and new productivity

Old productivity = 0.33 scripts / euro

new multifactor productivity

= output / Total cost

Total cost = (8*9)+(150*2.5)+28 = 475

= 150 / 475

= 0.3158 scripts per euro

hence the new productivity is worse than the old productivity

C ) using the initial multifactor productivity of 0.333

calculate the target total cost = output / multifactor of productivity

= 150/0.333

= 450 euros

hence  Material cost = (450 - 8*9-28)/150

= 2.33 euro per script

So, the material cost will be increased by = 2.33 euros - 2

euros

= 0.333 euros per script

7 0
3 years ago
Wilson Enterprises applies overhead based on direct labor cost. The company estimates that their overhead for the year will be $
Tcecarenko [31]

Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

Labor cost =$2,80,000

Direct labor cost = $3,00,000

Overhead\  rate = \frac{Estimated\  Overhead}{Estimated\ direct\ labor\ cost}

                        = \frac{2,40,000}{3,00,000}      

                         = $ 0.80 per direct labor cost      

Applied\ Overhead = Actual\  Labor\ cost\times Overhead\ rate      

                             = $ 2,80,000\times $ 0.80 Per direct labor cost  

                             =$ 2,24,000        

Actual Overhead cost = $ 2,20,000        

Applied Overhead is more than actual overhead. Hence, manufacturing overhead is $ 4,000.

6 0
4 years ago
When it comes to Extended Reality (XR) in business, what fact differentiates Accenture from other companies?.
melisa1 [442]

The fact that differentiates Accenture from other companies is that its has acquired Microsoft's XR division to create a new platform which will change the way businesses interact.

<h3>What are Extended reality?</h3>

Extended reality relates to an immersive learning technologies such as virtual reality, augmented reality, mixed reality etc

In conclusion, the fact that differentiates Accenture from other companies is that its has acquired Microsoft's XR division to create a new platform which will change the way businesses interact.

Read more about Extended reality

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8 0
2 years ago
some technical analysts use fibonacci numbers to predict: market turnarounds. primary trend breakthroughs. resistance and suppor
Vesna [10]

Some technical analysts use fibonacci numbers to predict resistance and support levels. The correct answer is C.

The numbers in the Fibonacci sequence are: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. This series has an unlimited number of terms, each of which is simply the sum of the two terms before it. The fact that each number in this series is around 1.618 times bigger than the one before it is one of its notable features.

Technical traders frequently use Fibonacci retracements. They are based on the crucial numbers that Leonardo Pisano, also known as Fibonacci, identified in the 13th century. The ratios between the numbers in the Fibonacci sequence, rather than the sequence of numbers themselves, are what matter.

Similar to how they function in nature, Fibonacci ratios appear to have an impact on the stock market. Technical traders try to utilize them to identify turning points where the price momentum of an asset is likely to change.

Know more about Fibonacci click:

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4 0
2 years ago
Countries with strong balance sheets and declining budget deficits tend to have lower interest rates. When the economy is weaken
Nadya [2.5K]

Answer:

Solution for question 1

It is not necessary that action that lower the short term interest rate will lower the long term interest rate also.

So given statement is false.

Solution for question 2

Because of subprime crisis in 2008 most of the Market collapsed and there is a huge problem of liquidity. Yield on US treasury security was decreased and so the price of treasury securities was increased.

Hence, given statement is true.

Solution for question 3

Countries with strong balance sheet mean countries are developed and so interest rate in these countries is lowered.

Hence, given statement is true.

Solution for question 4

One of the major function of Federal Reserve is to control economic activities. In the Era of globalization all countries economy is depend on other economy. So interest rate in USA highly dependent on other countries.

Hence, given statement is true.

3 0
3 years ago
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