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Vesnalui [34]
3 years ago
10

Calvin is a college student who has identified the need his fellow students have for transportation to and from a nearby store.

He owns a van that can carry four people in addition to himself; he pays $50 insurance costs per month. He has calculated that his cost of transporting his fellow students will be $2.50 per student per round-trip ride, assuming he has a full van. Given this information, which statement is correct, assuming Calvin has a full van?
Business
1 answer:
xeze [42]3 years ago
4 0

Answer:

Calvin's marginal cost is constant at $2.50; Calvin's average variable cost is constant at $2.50.

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An auditor wants to verify that for a given inventory acquisition, (1) the merchandise was ordered by the company, (2) the merch
choli [55]

The answer is: 1. the merchandise was ordered by the company

The auditor could easily obtain this information by looking at the company's purchase order. Purchase order would contain information regarding sellers, types of products, dates, prices, and quantities of the products ordered. This information is what the auditor need to fully verify the inventory acquisition.

5 0
3 years ago
According to Scott, the COO of Barcelona Restaurant Group, employees are given the opportunity and freedom to achieve organizati
Serjik [45]

Answer:

b. contingency approach to management.

Explanation:

The Contingency Approach to management tells us that there is no best style of management.

The Employees should in turn push to encourage to adopt situation specific management approach since It gives them an opportunity to explore new things and problem specific solutions.

6 0
3 years ago
PLEASE HELP MEE!
zzz [600]

Answer:

Differentiator

Explanation:

I'm not sure about it but honestly I think its the one, since Karen is suing something different that hasn't been seen on other Italian pasta cookers.

7 0
2 years ago
Scott defines "minority owned" in his study of businesses in Northeastern City as being those businesses that are currently owne
Sphinxa [80]

Answer:

conceptualized

Explanation:

Based on the information provided within the question it can be said that in this scenario Scott has conceptualized the concept of "minority owned". This term refers to when an individual creates an abstract but very simplified view of something. Which in this case he gave the term "minority owned" a simplified definition of being only owned by women or African Americans, when there can be many other minorities in a certain area.

4 0
3 years ago
Sparks Fireworks manufactures and sells fireworks. Their raw materials used is $71,500. Their beginning raw materials inventory
algol13

Answer:

The correct answer would be, $70500

Explanation:

Raw Material Turnover means what amount of raw materials is used within a specific period of time. So the raw material turnover would be calculated by adding the beginning inventory with the amount of material used within the period, and then the remaining material will be deducted. So the whole calculations are shown as follows:

Beginning Raw Material Inventory: $5000

Raw Material Used:                $71500

Ending Raw Material Inventory:    $6000

Raw Material Inventory Turnover:

Beginning Inventory + Raw Material Used - Ending Raw Material

= 5000+71500-6000= $70500

7 0
4 years ago
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