Answer:
B. $390,000
Explanation:
Land Value + (Cost New – Accumulated Depreciation) = Property Value
100,000 + (350,000 - 60,000) = Property Value
100,000 + 290,000 = Property Value
$390,000 = Property Value
Answer:
E) Lateral
Explanation:
Lateral communication ican be regarded as one of the type of communication that involves the imparting as well as exchange of information/ideas among individual in a particular community. This community could be unit of organization that are at
same hierarchical level. It should be noted that the Communication that takes place among members of work groups at the same level is known as Lateral communication
Answer: Option C
Explanation: Non price competition can be defined as the business strategy under which one entity tries to distinguish its commodity offered from another entity in the market with the help of advertising and promotion etc.
Non price competition is generally seen in the oligopoly market structure. The difference between two products in an oligopoly having non price competition is based on the design or workmanship of the manufacturer.
Answer:
(-$10,000) Unfavorable
Explanation:
Direct materials:
Quantity = 15 pounds
Standard price = $16 per pound
Actual price = Purchase Price ÷ Purchase quantity
= 170,000 ÷ 10,000
= 17
Material price variance:
= Actual purchase quantity × (Standard price - Actual price)
= 10,000 × ($16 - $17)
= 10,000 × (-$1)
= (-$10,000) Unfavorable
Answer:
$0.55, $0.375, $0.45
Explanation:
Average Total Cost, ATC = TC/output
ATC at 500 unit = TC at 500/ output
= $275/500
= $0.55
checked the attached file for a complete solution
