Answer:
The correct answer is option c.
Explanation:
The variable costs are the cost incurred on the variable factors of production. The fixed costs are the costs incurred on the fixed factors.
In the short run, there are certain factors that are fixed and others that are variable. So in the short run, some costs are fixed and others are variable.
But in the long run, there is enough time for all the factors to be changed. So all the factors are variable and cost incurred on these variables is also variable.
So we can say that in the long run, there are no fixed costs.
Answer:
$2.0384
Explanation:
Calculation for how many dollars will a pound buy in 30 days
How many dollars will a pound buy =1.82 x (1+0.12)
How many dollars will a pound buy=1.82× 1.12
How many dollars will a pound buy= $2.0384
Therefore the amount of dollars that a pound will buy in 30 days will be $2.0384
The inappropriate use by managers may get out and stop customers from shopping there
Answer:
$58,800
Explanation:
The computation of the ending balance of Allowance for Doubtful Accounts is shown below:
= Ending balance of account receivable × estimated percentage
= $980,000 × 6%
= $58,800
By multiplying the ending balance of account receivable with the estimated percentage we can get the ending balance of Allowance for Doubtful Accounts could arrive
SMART is an acronym that means specific, measurable, achievable, relevant. The answer is D.