Answer:
Relevant cost= $30
Explanation:
Giving the following information:
Direct materials $4
Direct labor 10
Factory overhead 40
Standard cost per unit $54
Fixed cost is 60% of applied factory overhead, and is not affected by any make or buy decision.
<u>The relevant cost in a "make or buy" decision is the cost that can be avoided. Therefore, the fixed manufacturing cost is not relevant.</u>
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Relevant overhead= 40*0.4= $16
Relevant cost= 4 + 10 + 16
Relevant cost= $30
Answer:
c. has decreasing slope and a person is risk averse.
Explanation:
The marignal utility of wealth represent that the subsequent utility of the person wealth is not perceived as necessary/joyful as the previous one.
This makes the slope of the utility function to go upward but at slower grow.
The first units of wealth produce a great improvement in utlity compared with the followings just like in any other good or service provided in the economy.
Answer:
A. Overconfidence effect
Explanation:
Overconfidence effect is a kind of bias whereby individual's subjective confidence in their own abilities is greater than the objective or actual performance accuracy of those abilities. During surveys, respondents usually have this kind of bias. An example is the one stated in the question whereby average people tend to fill that they are "above average" on certain features like intelligence and perceptiveness. It is a common bias as individuals usually assume that they are better than their real ability by overestimating those abilities inherently.
Answer: offset
Explanation:
An offset is a countertrade agreement whereby a company offsets the hard currency purchase of a product that is unspecified from a particular nation in the future.
An offset involves the seller helping in marketing products that are manufactured by the buying nation or allowing part of the assembly of the exported product's to be carried out by the manufacturers in the buying nation.
Offset is common in defense, aerospace, and some infrastructure industries and it is common for larger and expensive items.
Answer:
social integration. i hope this helps for you!
Explanation:
