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Hatshy [7]
3 years ago
8

What is the key concern of engineering economics? Question 2 options: Costs and revenues in engineering decisions accrue over pe

riods of years. Corporate taxation is complex. Consumers are unpredictable. Resources are scarce.
Business
1 answer:
jok3333 [9.3K]3 years ago
8 0

Answer:

The correct answer is letter "A": Costs and revenues in engineering decisions accrue over periods of years.

Explanation:

Engineering Economics is a field that allows managers to make decisions effectively thanks to the application of engineering techniques to economics. Those approaches are mainly associates with cost allocation determining if a company is assigning expenses efficiently at the point of being able to save money after conducting its operations given a determined period.

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Cost-volume-profit [CVP] analysis is a widely-used, basic business model. Discuss the underlying assumptions made in the applica
faltersainse [42]

Answer:

Cost-volume-profit [CVP] Analysis

The cost-volume-profit analysis model assumes that the total fixed cost, the variable cost per unit, and the selling price per unit remain constant within the relevant range.

It is very difficult for a company to remain in the relevant range, where the assumptions will be obtained.  Market forces, including the dynamics of competition change the underlying assumptions.  For example, a company may become more efficient in its operations, thereby reducing its variable cost per unit.  The total fixed cost may also change when the company increases its activity levels.

However, these limitations do not make the model less useful.  It can be relied on to make short-run profit and pricing decisions.

Explanation:

The management of a business finds the CVP model useful in making important management decisions, especially decisions that relate to budgeting of production and sales, cost control, and profit planning.  Management uses the CVP model to determine the break-even point in both units and sales dollars.  Overall, management relies on the model to select its competitive products.

7 0
3 years ago
These securities are short-term government securities with maturities ranging from a few days to 52 weeks. They are sold at a di
lesantik [10]

Answer:

They are called T-Bills.

3 0
3 years ago
Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units. Production cost
slega [8]

Answer:

Under variable costing, the company's net operating income for the year would be $60,000 lower than under absorption costing.

Explanation:

The computation of the operating income under variable costing is shown below:

But before that following calculations need to be done

Fixed manufacturing overhead per unit is

= $240,000 ÷ 20,000 units

= $12 per unit

Ending Inventory units is

= 20,000 units - 15,000 units

= 5,000 units

Now Cost of ending Inventory deferred under absorption costing is

= 5,000 units × $12

= $60,000

So, the second option is correct

5 0
3 years ago
Hilda Taba created the spiral curriculum in social studies, which means that concepts are introduced in younger grades at a lowe
seraphim [82]

Answer:

Part of the model: thinking can be taught, thinking is an active transaction between the individual and the data, the process of thought evolves by a sequence that is lawful.

6 0
3 years ago
Jessica lists her faulty treadmill for sale on craigslist but does not disclose the problems with it. If Blake buys the treadmil
kiruha [24]

Answer:

D. asymmetric information

Explanation:

Asymmetric information is when parties in a transaction do not have equal information.

In this transaction, Jessica has more information than blake. She knows the machine is faulty while Blake doesn't.

I hope my answer helps you

8 0
3 years ago
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