Answer:
Let Sanguine Wines Ltd. refer to a hypothetical company for the purpose. Following would constitute Sanguine Wines Ltd's variable costs:
- Raw Material or input prices: The raw material or inputs of sanguine wines limited purchases from suppliers such as dried grapes, sugar and the likes. The price of such inputs is prone to seasonal fluctuation and thus variable
- The performance related incentive for employees for number of bottles of wine created, would be variable cost as it would vary with the no of bottles produced.
- Discount allowed to distributors which varies based upon the number of bottles purchased by them.
- Commission paid to wine salesperson which varies with respect to bottles sold.
Principal Amount P = $ 48000
Rate of interest r = 6% = 0.06
Time interval t = 7
Formula for Interest I = P x r x t => I = 48000 x 0.06 x 7 => I = 2880 x 7
Total Interest for seven years would be $20,160
Answer:
The correct answer is Economies of scale.
Explanation:
The economy of scale occurs when a company has the power to manage the situation in production when it presents an optimal level of production, which allows it to produce a larger quantity at a lower cost since, as sustained growth occurs, its unit production costs are directly reduced.
Answer:
I believe that two different questions have been mixed into one:
Coercive acts:
- B) Set of 4 <u>ACTS</u> passed by Lord North to punish Massachusetts for destroying the tea and refusing to pay for the damage: THEY INCLUDED ADMINISTRATION OF JUSTICE ACT, MASSACHUSETTS GOVERNMENT ACT, PORT BILL AND THE QUARTERING ACT
Committees of Correspondence:
- A) colonial extralegal shadow governments that convened to coordinate plans of resistance against the British
Explanation:
Massachusetts was the only colony that elected their own leaders since its charter allowed them more freedom than any other colony. After the Boston Tea Party, the British parliament decided to punish Massachusetts by sending their own governor and establishes severe penalties and laws. In a practical sense, the governor only ruled in Boston because the British were there, but the rest of Massachusetts remained extremely pro-independence and basically ruled itself as it had before.
