Answer:
b. use lower-cost materials
Explanation:
In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Production costs can be categorized as;
1. Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.
2. Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.
Some of the ways to accomplish activity cost reduction are;
I. The operations of a business firm should be improved in order to make the activity-base usage per unit to be reduced.
II. The classification of employees doing an activity should be changed so as to decrease the activity rate.
Answer:
From what height did the parachutist jump?
914 m
Explanation:
v = 58.8 m/s
u = 0 m/s
a = 9.81 m/s^2
t = 6.00 s
v^2 = u^2 + 2as
58.8^2 = 0 + 19.62s
s = 3457.44/19.62 = 176.22m
Upon decelerating after opening parachute;
v = 10 m/s
u = 58.8 m/s
t = 4.00
deceleration =( 58.8 - 10)/4.00 = 12.2 m/s^2
v^2 = u^2 + 2as
100 = 58.8^2 - 24.4s
3357.44/24.4 = s
s = 137.6s
Upon decending at constant velocity
distance = time*velocity = 10.0*60 = 600 m
Initial height = 600 + 137.6 + 176.22 = 913.82 m = 914 m
A sales representative calls on a prospective business customer only to find that the customer has an established relationship with another supplier that seems to be working well. the customer is not interested in considering other suppliers. the customer is currently in a STRAIGHT REBUY situation.
Answer:
The average collection period for accounts receivable in 9. 1 or 9 days
Explanation:
The average collection period for accounts receivable in days is computed as using the formula:
Average collection period for accounts receivable = 365 / Accounts Receivable Turnover Ratio
Computing Accounts Receivable Turnover Ratio as:
Accounts Receivable Turnover Ratio = Net Sales / Average Net Accounts Receivable
where
Net sales is $500,000
Average Net Accounts Receivable is as:
Average Net Accounts Receivable = Beginning Accounts Receivable + Ending Accounts Receivable / 2
= $10,000 + $15,000 / 2
= $25,000 / 2
= $12,500
Putting the values above:
= 500,000/12,500
Accounts Receivable Turnover Ratio = 40
Now, putting the values above in the formula of Average collection period of Accounts Receivable:
= 365 / 40
Average collection period of Accounts Receivable = 9.1 days or 9 days
Unfortunately, since Rami has already signed a non-compete clause for six months following his resignation from his previous workplace, he must stop operating his business is he does not want to be sued by them. This is because (D) the non-compete clause is enforceable.
Most non-compete clause can only be challenged if Rami’s business operations or his past employers are located in a state that does not support non-compete agreements, such as California.
