Answer:1000
Explanation:
Equipment decreases $6000 ($10000-$4000). Accumulated depreciation decreases $9000 ($22000+4000-$17000). $10000 cost -$9000 accumulated depreciation = $1000 cash received from sale.
Answer:
$0.3 per machine hour
Explanation:
The computation of the variable maintenance cost per machine hour using the high low method is shown below:
Variable cost per machine hour = (High maintenance cost - low maintenance cost) ÷ (High machine hours - low machine hours)
= ($9,000 - $7,200) ÷ (20,000 machine hours - 14,000 machine hours)
= $1,800 ÷ 6,000 machine hours
= $0.3 per machine hour
Answer:
leveraging a firm's customers to promote a product or service
Explanation:
Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,
For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good
Answer: Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences.
Explanation:
Risk response refers to the development of strategic options to reduce the threats and enhance opportunities to the objectives of the project.
It should be noted that when new risks are identified, such risks go through the process of risk management and one needs to be able to know the risk probability and risk impact and then get to curtail them.
