Answer:
D) Factors of production
Explanation:
The four factors of production are:
- land: any natural resource used to produce or manufacture goods and service
- labor: human work
- capital: machinery, tools, buildings, equipment that labor uses to produce or manufacture goods and services
- entrepreneurship: people that have the ability to combine the other three factors of productions and start to produce or manufacture goods and services
Answer:
C. It considers fixed manufacturing overhead cost as product costs.
Explanation:
The statement that is true of absorption costing is that it considers fixed manufacturing overhead cost as product costs.
Absorption costing uses the concept of cost drivers to ascertain the quantum of fixed manufacturing overhead cost a product generates, and ties that fraction to the product as its own cost.
By so doing, what would ordinarily have been periodic costs that will be apportioned among products become fixed costs that are directly traceable to those products.
Answer:
Thee answer is: A) Time taken to fill a position should be tracked for each recruiting source and the fastest possible source should be utilized.
Explanation:
When adopting an expansionist strategy the company is trying to achieve a higher sales growth rate than before. Since it took several new big contracts it will probably have to hire several (or very many) new employees and they need to do it fast. Usually when this happens, the company will try to hire the best possible applicants from the fastest recruiting source.
Answer:
activity variance = $984 F
Explanation:
given data
wages and salaries = $1,420 per month
per birth = $246
planned for activity = 107 births
actual level of activity = 103 births
actual wages and salaries = $27,795
to find out
activity variance for wages and salaries
solution
we know wages and salaries cost for October is
wages and salaries Planning budget = 1420 + ( 107 × 246 )
wages and salaries Planning budget = $27742
and
Wages and salaries Flexible budget = 1420 + ( 103 × 246 )
Wages and salaries Flexible budget = $26758
so
activity variance = $27742 - $26758
activity variance = $984 F
Considering the available options, the statements that will likely lead to cost-push inflation include <u>"An increase in the price of oil has reduced supply of all goods and services that use oil as an input."</u>
The other options that will likely lead to cost-push inflation are "<u>Consumers become more comfortable with debt, increasing their spending as they take on more loans.</u><u>"</u>
<h3>What is Cost-Push inflation?</h3>
Cost-Push inflation is a type of inflation caused by the rise in the cost of wages and raw materials.
This implies that the rise in wages allows the consumers to spend more money on limited supply.
Also, when the rise in the cost of materials reduced the supply of all goods and services.
Hence, in this case, it is concluded that the correct answer is options A and E.
Learn more about Cost-Push inflation here: brainly.com/question/4540785
