Answer:
The impact on Granfield company operating income segment would be an increase of $208,400.
Explanation:
There would be an increase of $208,400 for Granfield company operating income segment due to the eliminated fixed cost from the payback division.
This means that there would be efficient operations of other business segment of Granfield as a result of the eliminated fixed cost from the payback division. Also, there will not be sales and variable cost accruable to the company-Granfield, in the future.
Calculation;
40% * $521,00 = $208,400
Free market economy is a system that is solely based on the supply and demand and that there is very little or no governmental control at all. This type of government is able to grow because of its flexibility depending on the needs of the consumers and not on the imposed law by authorities.
Answer: Finite loading approach
Explanation: In a finite loading approach, the work centers are scheduled to load up to a predetermined capacity amount. This is a type of approach that is used in manufacturing process that are heavily dependent on a single cost center.
Thus, we can conclude that the right answer for the given case is finite loading approach.
I think it is d for this question
Answer:
The difference is in how they response to the level of production of the firm.
Variable cost are directly associated with the production level, therefore changes with the number of units produced.
Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.
Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.
Explanation: