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3 years ago

Which of the following statements is true?Multiple Choice

Business

1 answer:

Ksivusya [100]3 years ago

8 0

Answer: Variable costing treats fixed overhead as a period cost.

Explanation:

The variable costing system is the process which included all the variable like the production cost and the direct labor. The cost are used as the period cost in the fixed overhead and they are charge in terms of the income in the variable costing. And in this method the product cost are not used as the fixed overhead but it is used as the period cost.

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You have just received notification that you have won the $2.5 million first prize in the Centennial Lottery. However, the prize

sergeinik [125]

Answer:

PV= $35,217,78

Explanation:

Giving the following information:

Future value= $2,500,000

Number of periods= 63 years

Interest rate= 7% compounded annually

To calculate the value of the prize today, we need to use the following formula:

PV= FV/(1+i)^n

PV= 2,500,000 / (1.07^63)

PV= $35,217,78

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3 years ago

Jane, the CEO of Noble Inc. regularly interacts with her employees to give them all the necessary details about the company goal

Olin [163]

In the scenario, Jane is performing the managerial role of a Disseminator.

Explanation:

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3 years ago

Wildcat Co. purchased, on open account, 4,000 pounds of direct materials at a total cost of $20,200. The standard cost of these

Pepsi [2]

Answer:

Explanation:

The pictures attached shows the full explanation

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2 years ago

An insurance policy with a higher premium most likely has ...

dimaraw [331]

I believe the answer is: A. Lower deductible

In choosing insurance, the premium is the amount that you should pay to the insurance company in exhange for the coverage of their service. While the deductibles are the amount that you should pay each year before the insurance company start paying on your behalf.

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3 years ago

Read 2 more answers

When firms are said to be price takers, it implies that if a firm raises its price: a. buyers will go elsewhere. b. buyers will

MatroZZZ [7]

Answer:

The correct answer is a. buyers will go elsewhere.

Explanation:

This situation occurs when there is competition, that is, other businesses that offer the same or similar products as those of a particular company. In this scenario, the potential buyer will notice the difference according to their previous experiences and will find a way to acquire products from another brand that offer the same satisfaction as the product that rose in price. You must be very cautious with this practice, since it can end up damaging the operation, and in the worst case, leading to bankruptcy.

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3 years ago