Answer:
Effect on income= $-117,500
Explanation:
Giving the following information:
Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.
Kawai estimates that the cost of materials and labor needed to make speakers would be a total of $6.50 for each speaker. Also, supervisory salaries, rent, and other manufacturing costs would be $170,000. Allocated facility-level costs would be $75,000.
Buy= 85000*8= $680,000
In house:
Production costs= 6.5*85,000 + 75,000= 627,500
Other fixed costs= 170,000
Total cost= $797,500
Effect on income= 680,000 - 797,500= $-117,500
Answer:
the organization agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, cost reimbursable contract, etc.
In a cost reimbursable contract, the organization, which is the client agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.
This ultimately implies that, a client such as a business organization that enters into a cost reimbursable contract with another party such as a contractor, agrees to pay the contractor an agreed amount of money upon the completion or execution of the contract.
The correct option is C) Act. Act is the sixth phase of the data analysis process.
<h3>What is the act in the data analysis process? What are the other steps involved in it?</h3>
The sixth step of the data is to act. It will provide the recommendations or solutions to the team and stakeholders for solving the business problems and makes the good decision.
Data analysis process involves the defining of the question, collection, cleaning, analyzing of the data and sharing the results.
Basically, it helps the business in making the informed and sound decisions.
Learn more about the data analysis process here:-
brainly.com/question/17353324
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Answer:
B) False
Explanation:
The storming stage is the second stage of team development. At this stage, the group members should start gaining each other's trust. They are generally more willing to open up and express their views and opinions. Sometimes conflicts can result from different members' opinions, and power struggle occur within the team.
Answer:
I.It's easier to purchase affordable insurance during a "soft" market than during a "hard" market
I only
Explanation:
When a purchaser of insurance wants to make a purchase he analyses the market to get a favourable condition that reduces risk and loss.
The market condition can be a soft market or hard market.
Soft market is one in which potential sellers are more than potential buyers. So supply exceeds demand. Buyers are able to buy affordable insurance.
Hard market on the other hand is when there is an upswing in market cycle. Premiums increase and capacity for insurance decreases.
It is more difficult to get affordable insurance in this market
