Answer: Option B
Explanation:
A. Explicit cost are the cost paid to others in return of their service. Hence Option A is incorrect.
B. Revenue is the total amount of earnings a company have before deducting for expenses. Hence Option B is correct.
C. Accounting profit means (Revenue - explicit cost) . Hence Option C is incorrect.
D. Economic profit means (Revenue - explicit cost - implicit cost) . Hence Option D is incorrect.
Answer:
neither she nor her supervisor has any demonstrable reason to access such information.
Explanation:
When security measures are introduced in information system access in an organisation, an individual is limited to only a defined set of data.
Access to data outside one's normal job role requires a request for addition of such access.
In the given instance Northwestern Data Systems has adopted a new organizational approach that ensures employees have access to the only data they need.
Stacy, an administrative assistant requests a report regarding disciplinary action on a manager outside her department.
She will not be able to get it because she should normally not be able to discipline a manager.
So she can't access it because neither she nor her supervisor has any demonstrable reason to access such information.
Answer:
$1,702 , $1,497, and $1,957
Explanation:
The computation of the total cost is shown below:
Particulars Strawberry Vanilla Chocolate
Direct Labor $766 $841 $1,141
Direct Material $816 $516 $616
Overhead $120 $140 $200
(60 × 2) (70 × 2) (100 ×2)
Total Cost $1,702 $1,497 $1,957
We simply added the direct labor cost, direct material cost and the overhead cost so that the total cost could come
Answer:
The correct answer is:
(a) -7783
(b) 6800
(c) -983
Explanation:
According to the given values in the question:
(a)
The price variance will be:
= 
= 
= 
(Favorable)
(b)
The quantity variance will be:
= 
= 
= 
= 
(Unfavorable)
(c)
The cost variance will be:
= 
= 
= 
(Favorable)
<span>If nominal gdp is $12 trillion and real gdp is $10 trillion, then the gdp deflator is: </span><span>120, and this indicates that the price level has increased by 20 percent since the base year.</span>
<span>
GDP deflator reflect the effects of new prices to the product that produced domestically.
It calculated with this equation:
GDP Deflator = GDP Nominal/Real GDP x 100
= 12 Trllion /10 Trillion x 100
= 120</span>
