First, we take into account the benefit and cost given in the problem. The benefit, which is $2 is a dollar lesser compared to the cost that would be incurred should the business opt to produce one more roast beef. This, of course, tells us that an additional roast beef will just impose an additional $1 cost. Thus, the answer should be the last choice.
Answer:
C) Recurrent Disability provision
Explanation:
The human body is a fantastic machine but sometimes when you have health problems they don't show up immediately.
For example you might get hit on the right side of your head severely and lose partial hearing from your right ear, but in a couple months you might notice that your short term memory has also been affected. Both disabilities were caused by the injury although one showed up before the other.
The insurance company has to provide the disability benefits without a new elimination period under the recurrent disability provision.
Answer:
Sole proprietorship
Explanation:
A sole proprietorship is a business form of an organization in which there is only a single owner who operates and controls the business. The main motive of every organization is to maximize revenue, minimize losses and taxes. Also it has unlimited liability
Therefore in the given situation, the sole proprietorship would be the appropriate and the same is to be considered
Answer:
2720 units; 1806 units
Explanation:
Ending Inventory in February = 80% x 1820 = 1456 units
Ending Inventory in January = 80% x 1750 = 1400 units
Budgeted production in January = Budgeted sales in Jan + Ending Inventory in Jan - Begining Inventory in Jan = 1500 + 1400 - 180 = 2720 units
Budgeted production in February = Budgeted sales in Feb + Ending inventory in Feb - Begining Inventory in Feb = 1750 + 1456 - 1400 = 1806 units
