The company used straight line depreciation based on number of units produced. This can be shown as follows:
Cost = $100,000
Life = 5 years or 18,000 units
Salvage value = $10,000
By straight line method;
Depreciation cost per unit = (100,000-10,000)/18,000 = $5
After producing 4,400 units, depreciation expense = 4,400*5 = $22,000.
The primary responsibility of oversight bodies (such as an IRB or IACUC) is to assess legal-regulatory compliance, and if applicable, to protect research subjects.
Responsibility can also be used to describe Group responsibility. societal accountability for businesses. Duty. obligation to pay.
Being responsible entails carrying out your obligations and accepting the consequences of your decisions. A duty is something you are required to do. Being responsible means carrying out your obligations. Taking ownership of your actions means accepting both the credit and the blame for what you have done.
Three Categories of Responsibilities Every Business Owner Must Fulfil
- environmental obligations.
Responsibility is crucial because it gives people a feeling of purpose and helps society develop resilience in the face of hardship. Like an addiction, avoiding responsibilities may feel wonderful in the short run, but it results in misery and suffering that is tenfold worse in the long run.
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Answer: The options are given below:
A. Yes; the sales rep might learn about a new opportunity in the need recognition stage.
B. Yes; history has shown that online reordering can't be trusted.
C. Yes; straight rebuys require a lot of the sales rep's assistance.
D. No; this is a waste of time since straight rebuys are straightforward and easy to handle.
E. No; the sales rep should be looking for new customers instead.
The correct option is A. Yes; the sales rep might learn about a new opportunity in the need recognition stage.
Explanation: Maintaining a strong relationship with customers is very vital to a business. This is because a sales rep will get current, up-to-date, and firsthand information from customers about their changing needs and this will better equip the sales rep to meet the dynamic needs of customers promptly.
For instance, a customer might decide to increase the quantity of inks to be bought, this need recognition opportunity can only be known to the sales rep if the sales rep has always been in touch with the customer.
Being aware of one's expectations is to keep them in check and to ensure that they are realistic. This is one of the ways to practice <u>Effective Parenting.</u>
<h3>Dangers of Unrealistic Expectations</h3>
Some of the dangers of unrealistic expectations are:
- Friction
- misunderstandings
- frustrations
- damage to the self-esteem of the kids and stifle healthy mental development of the kids
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<u>Solution and Explanation:</u>
1. MC = Cost of raw material + Cost of time
MC = 5 plus (10 divide by 2)
MC = $10
2. TFC = $300
Q = 300
, AFC = TFC/Q = 300 divide by 300 = $1
3. His profit maximizing output would be higher
Reason: P = MR = $15
, MC = $10
Since MR > MC, and at the profit maximizing point MR = MC, it is better for Nicholas to increase his output.
4. His profit maximizing output would be higher
Reason: P = MR = $15
, MC = $4 + $5 = $9
Since MR > MC, and at the profit maximizing point MR = MC, it is better for Nicholas to increase his output.
