All categories

3 years ago

In voluntary exchange, if the seller of a product gains,

Business

1 answer:

Ber [7]3 years ago

6 0

The answer to this question is C. The buyer must also gain; Mutual gain provides the foundation for exchange.

You might be interested in

Giant Industries has a $674,232 gross operating income, operating expenses of $329,129, and other expenses totaling $38,719. Wha

Mekhanik [1.2K]

Answer:

$345,103 Is the answer I'm not good at explaining things so I won't attempt it.

5 0

2 years ago

________ is a type of theatre in which sketches and vignettes alternate with musical numbers, but no single story carries throug

harkovskaia [24]

HaDhgshncb bjjhjhhhhhh

8 0

3 years ago

How does specialization affect an economy more efficient?

Setler [38]

The more they focus on a task the more efficient they become at this task, which means that less time and less money is involved in producing a good.

8 0

3 years ago

revorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a

nlexa [21]

Answer:

$9,906 F

Explanation:

Calculation as follows:

Budget Income Statement

<u>Particular</u> $

Revenue (28.4 x 7,000) 198,800

Direct Labor (2.8 x 7,000) (19,600)

Direct Material (10.7 x 7,000) (74,900)

Manufacturing Overheads

(38,000 + [1.5 x 7,000] ) (48,500)

Selling and administrative Expenses

(23,600 + [0.3 x 7,000] ) (25,700)

Net Operating Income 30,100

Actual Income Statement

<u>Particular</u> $

Revenue 205,320

Direct Labor (18,974)

Direct Material (72,252)

Manufacturing Overheads (48,320)

Selling and administrative Expenses (25,768)

Net Operating Income 40,006

Activity variance for net operating income = Net operating income actual - Net operating income budgeted

Activity variance for net operating income = 40,006 - 30,100

Activity variance for net operating income = $9,906 F

8 0

3 years ago

Compensation for top executives (e.g., CEOs and CFOs) has become more variable over time. For example, recent data show that in

Luba_88 [7]

Answer:

Because :- CEOs & CFOs can have significant impacts throughout the entire business, & the type of reward plan will encourage the CFOs to work in a more rational manner.

Explanation:

CEOs & CFOs are a part of upper level of management of an organisation. Effectiveness & Efficiency of their managerial skills is very crucial to management of company. So, to encourage proper management of companies by senior managers, they can be incentivised by mix of fixed & variable salary structure. The variable component of salary as per company performance under CEO or CFO, positively motivates them to improvise their performance, which subsequently improves company performance.

3 0

3 years ago