Answer: Mixed
Explanation:
Here is the complete question:
Max Machining incurs the following utilities costs at different levels of production:
0 units: $120
500 units: $2,620
1,000 units: $5,120
How would utility costs be properly classified?
A) Curvilinear
B) Variable
C) Mixed
D) Fixed
E) Stepped
The utility cost here will be classified as a mixed cost. A mixed cost is a type of cost that has both fixed and variable cost. At 0 units, $120 was already spent. This shows that this cost is a fixed cost as it doesn't have anything to do with output. It'll still be paid regardless of the number of outputs while the other cost incurred are variable cost which is dependent on the number of outputs of goods.
Based on the explanation above, the answer is mixed cost.
The answer is: Meeting with constituents in local districts & Making speeches at public events
Answer:
$138,160
Explanation:
Calculation to determine How much overhead cost should Lowden Company should apply in the current period
Using this formula
Overhead =157%*Direct material cost
Let plug in the formula
Overhead=157%*88,000
Overhead=$138,160
Therefore the amount of overhead cost that Lowden Company should apply in the current period is $138,160
Answer:
The correct answer is option B.
Explanation:
An increase in the price level would cause consumer spending to decrease as the purchasing power of the consumer will decline. This will cause the quantity of total output to decrease.
As a result, there will be an upward movement on the same aggregate demand curve, indicating a contraction in the economy.
A decrease in the price, on the other hand, would cause an expansion in the economy. It would be indicated by a downward movement on the same curve.
Answer: the correct option is E.
Explanation: Direct marketing can be referred to as an advertising strategy that implements an individual distribution of a sales pitch directly the to potential customers. The delivery systems used here, include, mail, e-mail, texting, and calls.
This method of marketing is called direct marketing because it is usually carried out without the use of middleman such as advertising media. This is because it will make no economical sense to utilize the media to market to just one particular customer.
Therefore, the direct method of marketing is not used in combination with other forms of promotional media.
