Answer: A. The relative cost index is given as = Current Price/Base Price x 100.
Explanation:
Answer:
$5,456
Explanation:
A relevant cost can be defined as the cost that are said to be in form of a future cash cost that is relevant and important to a particular decision.
The relevant cost:
Current market cost 880 liters × Current market $6.20 per liter
= $5,456.
Therefore the relevant cost of the 880 liters of the raw material when deciding how much to bid on the special order will be $5,456
It should be noted that , base on the description in Learning from Mistakes, the failure of the A380 to reach its sales goals was due to Changes in customer demands.
This is because, if a manufacturer fail to know customer demand, then he is aiming for loss.
<h3>What is customer demand?</h3>
customer demand can be regarded as the quantity of a good which is been purchased by customer willingly at various prices.
Learn more about customer demand at;
brainly.com/question/25220385
Answer:
The correct answer is Information search
Explanation:
Before deciding on the first offer, it is necessary to review or look for other options in order to have a better view of the options and be able to decide on one that offers the best utilities for what is needed. In this case Tom carries out a search process in order to know the options offered in the market and to be able to have an accurate decision according to his needs.
