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Alik [6]
3 years ago
10

In using the variable cost concept of applying the cost-plus approach to product pricing, variable manufacturing costs and varia

ble selling and administrative expenses must be covered by the markup. 1) True 2) False
Business
1 answer:
GaryK [48]3 years ago
8 0

Answer:

True

Explanation:

In the variable cost concept, all the variable manufacturing cost should be covered in the markup for product pricing. The Cost-plus approach determines the pricing of the product by adding the cost of the product whether buying or Manufacturing in the required markup.

In a cost-plus approach under variable

Price of the product = Variable costs + Markup

Price of the product = ( Material cost + Labor cost + Variable manufacturing cost + Variable selling and administrative cost ) + ( Total variable cost x Markup rate )

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Uh nope cant anwserthis one lol
 
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3 years ago
Imagine you are a sales manager and need to tell an employee that his sales numbers have not been very good and he needs to impr
Vladimir79 [104]

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7 0
3 years ago
Societies make choices about goods and services based on the availability of A. land B. workers C. resources D. new technology P
kati45 [8]

Answer:

c

Explanation:

Resources are means or factors used to produce goods and services that satisfy human wants.

Human wants and that of the society is unlimited but the resources available to satisfy these wants are limited. As a result, economic agents must make decisions based on the availability of resources.

Resources include :

Land are natural resources used to produce goods and services e.g. gold mine

Labor is the effort used by people in  the production of goods and services.

Capital includes machinery and man made resources used in production e.g. hammer

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8 0
3 years ago
Assume that a consumer has a given budget or income of $12, and that she can buy 2) only two goods, apples or bananas. The price
Sauron [17]

Answer: 16 Banana's or 8 Apples

Explanation:

Budget constrain is a mathematical expression which shows us the quantity of goods that can be purchases at given prices and income. Since, income of the consumer is limited, he must allocate his consumption in a way that he can buy maximum goods at the given prices.

The budget constrain faced by the person is

1.50*Q_{A} + 0.75*Q_{B} \leq 12

If the person spends all his income on Apple's, he buys

\frac{12}{1.50}

= 8 Apples

If the person spends all his income on Banana's, he buys

\frac{12}{0.75}

= 16 Banana's


4 0
3 years ago
Which of these are reasons for the increase in ethical violations among business leaders in the 21st century?
pychu [463]

Answer: The following are reasons for increase in ethical violations among business leaders in the 21 century:

1. The 24/7 news cycle place a more scrutiny on unethical behaviour.

2. Globalization allows business to operate in region where ethical risk are greater.

3. Digital communication are more susceptible to hackers and whistle blowers.

Explanation:

7 0
3 years ago
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