Answer:
The fixed cost, variable cost per unit and the total cost is $3,800, $4 per unit ,and $6,000 respectively
Explanation:
1. The computation of the variable cost per unit is shown below:
= (High total cost - low total cost) ÷ (High number of cavities - low number of cavities)
= ($6,500 - $5,200) ÷ (675 - 350)
= $1,300 ÷ 325
= $4
2. The computation of the fixed cost is shown below:
Fixed cost = total cost - Variable cost
= $6,500 - (675 × $4)
= $6,500 - $2,700
= $3,800
3. And, the total cost for 550 cavities would be equal to
= Fixed cost + variable cost
= $3,800 + (550 cavities × $4)
= $3,800 + $2,200)
= $6,000
Calculation needed to assess the component pieces of the operating section using the direct approach for the amount collected for sales is
Total potential cash - Ending accounts receivable balance.
Cash that is produced by a company's regular operating procedures is known as operating cash flow. Investors place a high value on a company's capacity to continually produce positive cash flows from its ongoing business operations.
The purpose of drawing up a cash flow statement is to see a company's sources and uses of cash over a specified time period.
You should first subtract any receivables that you are aware are unlikely to be collected before calculating cash collections from accounts receivable. This will leave you with your projected collectible accounts receivable.
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Answer:
Space layout and function
Explanation:
The three dimensions of servicescape include:
- Ambient conditions: air quality, room temperature, smell, music, lighting, etc.
- Space layout and function: how equipment and furniture are laid out and arranged.
- Signs, symbols and artifacts: corporate logos, decoration styles (including color), signs, etc.
Answer:
e. house of brands
Explanation:
House of brands is when a company has many brands. Each one is independent, with its own target audience. They each communicate a unique brand value to customers.
United Technologies has adopted this strategy by developing various brands: Otis Elevators, Carrier Heaters and Air-conditioners, Sundstrand Aerospace, and Sikorsky Helicopters.
Answer: When a firm is operating in a perfectly competitive labor market: <u>"the firm can buy as much or as little labor as it wants at a fixed, going wage rate."</u>
Explanation:
1- "the wage the firm increases with the number of workers hired" - Is incorrect because The salary paid by the company is treated as a constant salary.
2- Correct.
3- "the firm’s marginal expense of labor (MEL) equals the cost of all workers hired." is incorrect because the firm’s marginal expense of labor (MEL) is equal to the salary (wage) rate.
