Answer:
Total relevant cost = $143,288
Explanation:
In a make-or buy decision , to determine the optimal course of action we compare the purchase cost of the component from the external market to the relevant variable cost of internal production. Where the relevant cost of in-house production is less than the external price, the company should produce internally and vice versa
Differential cost per unit = 16 - 12 = $4
Total relevant cost = $4× 35,822 = $143,288
Total relevant cost = $143,288
Note the fixed cost of $10 per unit is exclude because it is not relevant ; it would be incurred either way
95% of americans have a television and don’t say that I’m wrong because I know I’m not
Im guessing a retirement account and cd!
Answer:
It is a function of Technology
Explanation:
Cost cutting technological innovation is always seen as a new way of maximising profits in production and also minimising the overall cost of production.
This is possible through introduction of policies that take advantage of advancements in technology.
It entails the substitution of a less expensive alternative, developed for a given task, in an essentially unaltered product.
Answer:
Glossary
Explanation:
Business functions are the activities carried out by an enterprise; they can be divided into core functions and support functions