Answer:
b. use lower-cost materials
Explanation:
In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Production costs can be categorized as;
1. Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.
2. Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.
Some of the ways to accomplish activity cost reduction are;
I. The operations of a business firm should be improved in order to make the activity-base usage per unit to be reduced.
II. The classification of employees doing an activity should be changed so as to decrease the activity rate.
Answer:
Explanation:
Insurance protects people. Many federal government programs protect people from losses. So the government can be considered as offering insurance. For example workers pay into a program which will provide payments during emergencies. Another case is federal taxes which fund various financial assistance programs. In conclusion, the federal government provide "insurance" to people.
I believe the correct answer to your question would be 10 to 14 years for the earth to get 0.1% heavier.
Hope I could help! :)
Answer:
Her real income has decrease by $7,333.33
Explanation:
<em>Real income is the amount of goods and services that a give amount of quantity money can purchase. It is also known as the purchasing power of money. </em>
To determine if there has been a change in her real income, we will compare her real income 20 years ago to her real income 5 years later. This will be done as follows;
Step 1
Determine her real income 5 years after her last reunion
Real income in current year = (CPI in base year/CPI in current year ) × Nominal income
= (80/150)× 80,000
= $42,666.67
Step 2
Determine change in real income
Her real income has decrease by $7,333.33. This is difference between her real income 5 years ago and now. That is $50,000 - $42,666.67.
Tis implies she cannot purchase as much as she could 5 years ago because of inflation.
