Answer:
Correct option (5)
Explanation:
Division of labor refers to dividing each job into smaller task and assigning them to employees. These tasks are assigned to each employee based on their skills and abilities.
It helps in increasing efficiency of employees as well provides ease to production process. Division of labor also reduces production cost to a great extent.
Answer:
Option (D) is correct.
Explanation:
The payback period is the amount of time required to get your investment back.
Shorter the payback period, the better it is for the investor.
Given that,
Useful life = 6 years
Copier cost = $7,740
Generate annual cash inflows = $2,150
Therefore,
Payback period = Initial investment ÷ Annual cash inflow
payback period = $7,740 ÷ $2,150
= 3.60 years
Answer:
See below.
Explanation:
Total Variable over head variance = Spending variance + Efficiency variance
Total Spending variance = VOH - SVOR × AH
Total Efficiency variance = SVOR * ( AH - SH)
Assuming we only want total spending variance then option A is correct, however if we assume total overhead variance is required option E would be correct as we also need to account for the efficiency variance of overhead as per the difference between actual and standard hours worked.
Hope that helps.
Answer:
C. he was happy to learn that he would be given a loan to cover all college expenses.
Explanation:
A student that is given a loan to cover college expenses have to go for entrance counselling in order to receive appropriate orientation and he will also have to sign promissory note that he will return the loan given.
Answer:
B) unsought goods
Explanation:
The selling concept -
The concept of selling tells that the consumers will not buy enough any product of any firm unless and until it undergoes some large - scale selling and promotional efforts .
This concept is used for unsought goods , the goods those which the buyers do not normally think of buying , example insurance .
