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natima [27]
3 years ago
8

Explain how entrepreneurship and labour are rewarded​

Business
1 answer:
kirill115 [55]3 years ago
7 0

Answer:

Entrepreneurship that proves to be successful in taking on the risks of creating a startup is rewarded with profits, fame, and continued growth opportunities. Entrepreneurship that fails results in losses and less prevalence in the markets for those involved. Key Takeaways

Explanation:

Entrepreneurship is the process of starting a business or other organization. The entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure. Entrepreneurship operates within an entrepreneurship ecosystem

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Johnson Trucking Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven
BARSIC [14]

Answer:

Variable cost per unit= $1.16 per mile

Explanation:

Giving the following information:

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7 0
3 years ago
Factor Co. can produce a unit of product for the following costs:
Vlada [557]

Answer:

 the relevant cost to make is $44.35

Explanation:

given data

Direct material = $ 8.10  

Direct labor = 24.10  

Overhead = 40.50  

Total product cost per unit = $ 72.70

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solution

we know here that 70% of overhead cost is unavoidable

so we can say that it will not be considered for decision making

so here Cost of manufacturing will be

Cost of manufacturing = $8.10 + $24.10 + ( 30% of $40.50 )

Cost of manufacturing = $44.35

and

Cost of purchase is = $42.35

so here we can say  the relevant cost to make is $44.35

5 0
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